Australia

Sun Resources is part of a consortium of companies exploring one permit in the Dampier Sub-Basin (WA-254-P). The basin has become Australia’s richest oil and gas province since Bass Strait, with reserves in excess of nine billion barrels of oil equivalent.

Sun Resources is currently marketing it's Joint Venture interest (7.86% - 9.25%) ahead of the next well commitment from June 2010. Block 2 of WA-254-P contains the under developed Sage oil discovery, with a P50 oil in place resource of 15mmbbl (gross).

Click Here to view WA-254-P Advanced Prospects