NuEnergy Gas Limited (NGY)

Overview

NuEnergy Gas Limited is an independent clean energy company committed to the exploration, appraisal, and development of coal bed methane gas (CBM) projects in Indonesia. It has a notable presence in South Sumatra, Central Sumatra, and East Kalimantan through its operations of unconventional gas production sharing contracts. Founded in 1985, NuEnergy Gas has established its headquarters in Sydney, Australia. As a subsidiary of Globaltec Formation Berhad, the company positions itself strategically within the clean energy sector, focusing on the utilization of coal bed methane as a key resource.

Products and Services

• Exploration and Appraisal of Coal Bed Methane Gas: NuEnergy Gas Limited is at the forefront of identifying and assessing viable coal bed methane (CBM) resources across its contracted areas in Indonesia. By utilizing advanced technologies and methods, the company aims to maximize the exploration efficiency and accuracy in pinpointing substantial gas deposits.
• Development of Coal Bed Methane Projects: Following the successful exploration and appraisal of CBM sites, NuEnergy focuses on the development and commercialization of these gas fields. The company's development activities include the design and implementation of field infrastructure, which is necessary for the efficient extraction and processing of methane gas. This process not only contributes to the energy market but also adheres to clean energy standards, promoting environmental sustainability.