Gas2grid Ltd - GGX share price

About

Gas2grid Limited is engaged in the business of oil and gas exploration in the Philippines and France. The Company is involved in performing geological and geophysical studies, exploratory drilling of wells and seismic surveys. The Company's segments are Australia, Philippines and France. The Company holds interest in Service Contract 44 (SC 44), which is located onshore Cebu in the Philippines. The Company holds interest in St. Griede license. The license covers approximately 1,238 square kilometers within the onshore part of the Aquitaine Basin, north and east of the city of Pau in the south of France. The Company is also active within the Aquitaine Basin, south-west France where it has one existing exploration license and three new license applications, which are being processed by the French Government. The Company also plans to build and operate gas fired electricity generation plants in the Philippines. Its subsidiaries include Gas2grid Pte Limited and Wellfin Pty Limited.