The Netherlands Jetex Petroleum Ltd, registered in England & Wales, holds a 60% working interest in two shallow-water offshore blocks, P8b and P10c, combined into a single licence valid until January 2028. The remaining 40% interest is held by the Dutch State Company, EBN. Jetex has already met all pre-drilling requirements, with the option to extend the licence by drilling a single 4,000m well under the drill-or-drop provision. The acreage spans 277 km² (68,565 acres) and contains a robust prospect portfolio: four Dinantian carbonate, three Namurian sand, and one Schlochteren. The initial well targets over 16 bcm (585 bcf) of recoverable gas, while the combined prospective resource potential exceeds 60 bcm (2 tcf).
New Zealand Jetex Energy Ltd, registered in New Zealand, holds a 100% working interest in Petroleum Exploration Permit 60742, covering a 2,000m Miocene Mount Messenger Sand amplitude anomaly with an estimated 6 million barrels of recoverable reserves. The asset has already attracted third-party interest, with a farm-in proposal received from a Canadian–New Zealand operator. In addition, Jetex plans to participate in the upcoming bid round to secure further exploration opportunities, underscoring its growth strategy in a proven hydrocarbon basin.
New Zealand Jetex Energy Ltd, registered in New Zealand, holds a 100% working interest in Petroleum Exploration Permit 60742, covering a 2,000m Miocene Mount Messenger Sand amplitude anomaly with an estimated 6 million barrels of recoverable reserves. The asset has already attracted third-party interest, with a farm-in proposal received from a Canadian–New Zealand operator. In addition, Jetex plans to participate in the upcoming bid round to secure further exploration opportunities, underscoring its growth strategy in a proven hydrocarbon basin.