About Us
PZE is a gas exploration and production company with a focus on the future.
PZE’s acreage in Queensland’s Surat Basin contains a material resource, with certified¹ 2C resources of ~127 PJ gas and 121 kbbls oil and condensate within existing production licences. PZE also has 2P reserves of 0.66 PJ gas and 1.6 kbbls oil/condensate.
With ongoing demand and near and mid term shortfalls forecast², PZE is focussed on establishing gas supply and further developing its resources at its 100% owned³ Waldegrave Project.
Furthermore, PZE is developing solutions for a decarbonising world, which leverage our assets and skills, focussing on geological and/or infrastructure based options.
Note:
- See Waldegrave Project Page
- ACCC Gas Inquiry Jan 2023; AEMO Gas Statement of Opportunities March 2023
- PZE holds 100% of the beneficial interest in the Waldegrave Project with a legal interest in some tenures currently held by others. PZE is the operator of Waldegrave Project.
