Nexus Energy, is a Melbourne based, Australian Stock Exchange listed oil and gas company
Nexus Energy Limited (ASX:NXS) is a Melbourne based, Australian Stock Exchange listed oil and gas company. In 2007 Nexus entered the ASX200 following a period of exceptional growth driven by the company's value adding asset strategy. 2009 will see a step change for the company as it transitions from explorer to producer.
The company has assembled a portfolio of high quality assets, in two key regions including; the Gippsland Basin off the south east coast of Victoria; and the Browse Basin, off the northwest coast of Western Australia. The current key focus for Nexus is development of the Longtom gas project (Nexus 100%) with first production in mid 2009, followed by the Crux liquids project (Nexus 85%) which is scheduled to start production in late 2011.
Nexus Energy Company Tags: Nexus Energy Melbourne, Australia, Oil, Gas, Exploration, Production, Australian