Bounty Oil and Gas NL is an independent Australian oil and gas explorer and producer.It was formed in 1999 and listed on the Australian Stock Exchange in February 2002.
From its inception, it has pursued an active programme of land acquisition, exploration and development whilst remaining free of debt. The company has production at Utopia in SW Queensland and two undeveloped gas discoveries offshore Tanzania.
Recently the project emphasis has been benn changed slightly from high impact offshore exploration to a greater emphasis on lower risk onshore oil appraisal and development opportunities in Queensland. The company’s portfolio of drilled-proven but undeveloped oil and gas properties now amounts to contingent resources of as much as 3.4 MMboe.