Pangaea Resources Pty Ltd  
Overview
 


Profile

Pangaea is a junior exploration company with a diverse portfolio of precious metals and oil and gas tenements in Queensland and New South Wales.

The Pangaea Group was founded in 1996 to explore in Australia for Coal Seam Gas (CSG), also known as coal seam methane.

Queensland also had substantial coal resources much of which was too deep in the earth to allow easy extraction. Pangaea saw the potential as a CSG resource and was one of the first Australian companies to develop a CSG exploration program.

Exploration commenced in Queensland in 1997 through a subsidiary Pangaea Oil & Gas Pty Limited with the successful application for the tenement ATP 620P, an area of about 450 square kilometres south of Chinchilla. Subsequently nearby exploration tenements were acquired including ATP 610P and ATP 648P. Under an exploration agreement Queensland Gas Company farmed into these permits and the ensuing Joint Venture resulted in the discovery of the Argyle gas field.

The Pangaea group remains a privately held company.

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Based In Australia
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