Rey Resources Limited (ASX:REY)
Rey Resources Limited is an Australia-based company focused on exploration and developing energy resources in Western Australia’s Canning and Perth Basins. The Company operates through two segments: mineral exploration and development and petroleum exploration. The Company holds 40% interest in petroleum permits EP457 and 458 in joint venture with Buru Energy Limited. The Company also holds 100% interests Derby Block EP487 and petroleum exploration permit EP104, retention license( R1) and production license (L15). It holds 100% interest in Duchess Paradise Coal Project. The Fitzroy Blocks is located in the Canning Basin in the northwest of Western Australia. The Company also holds thermal coal exploration tenements in the Fitzroy Trough in the Canning Basin. The Company's project Surat Gas Project consist of seven production incenses in Surat Basin in Queensland.