Tasmanian Oil and Gas
Alpha Prospects is an investment holding company
- Tasmanian Oil and Gas Australia was formed to explore and develop known potential reserves of oil and gas in Tasmania, Australia
- The company is targeting natural gas and has identified prospects at Bellevue & Thunderbolt
- Independently assessed potential resource equates to 1.7 trillion cu ft or 1.8 billion Giga joules
- Assuming a return to 2017 prices this would give a gross value of AUD$11 billion
- Alpha Prospects currently holds 60.0% of the equity in TOGA