Petrex Australia Ltd

Onshore Petroleum, Natural Hydrogen and Helium Exploration in Australia.

About Us

Targeting major petroleum accumulations within under-explored onshore Australian sedimentary basins - one of the last wildcat frontiers.

Shareholder Presentation

Company Overview

Petrex, was founded with a mission to target significant petroleum accumulations in onshore Australian sedimentary basins, employing cutting-edge and cost-effective exploration techniques. Conducting a thorough assessment of the Officer Basin, the company initially sought seven large special prospecting authorities in Western Australia, accompanied by acreage options.

Following a successful airborne survey using Airborne ElectroMagnetic (AEM) – Passive Transient Pulse (PTP) technology to detect hydrocarbon leakage, Petrex expanded its pursuit, applying for 14 petroleum permits. The exploration scope further broadened to include the search for natural hydrogen and helium, leveraging the Officer Basin's potential for generating and trapping these small molecule gases.

Petrex, demonstrating adept negotiation skills, successfully navigated native title discussions, resulting in the granting of two permits, while the remaining 12 permit applications are progressing positively through negotiations. To amplify its presence, Petrex strategically extended its acreage position into South Australia, initiating applications for eight petroleum exploration licenses, currently undergoing native title negotiations.

With a commitment to pioneering exploration and community engagement, Petrex continues to navigate the dynamic landscape, poised for further successes in unlocking the untapped energy potential within these Australian basins.

Board & Management

Mr Toby Chandley

Mr Toby Chandley

Managing Director

Mr Chandler was co-founder and Chief Investment Officer of SEAL Capital Ltd, an LA-based global macro hedge fund investing in diverse global markets and financial instruments. Previously, he spent ten years in New York and London, including executive positions as a Managing Director with both Morgan Stanley and HSBC Securities.

Mr Gary Elwell

Mr Gary Elwell

Non-Executive Director

Gary has 20 years’ experience in Senior accounting roles (CFO/Financial Controller) with a number of ASX-listed companies in the technology and mineral exploration sectors.

He has extensive experience in IPOs, mergers and acquisitions, backdoor listings, audit, ASX reporting and financial reporting. Gary graduated in Economics from Northumbria University in the UK. He is an Associate of the Chartered Institute of Management Accountants and Institute of Public Accountants.

Petrex Australia Ltd

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