NuEnergy Gas Limited (NGY.AX)
NuEnergy Gas Limited operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Sunbury, VIC, AU. The stock last traded at $0.04, up 0.00% on the session, giving a market capitalisation of $82.5M. Its beta of 0.49 implies it has historically moved less than the broad market.
NuEnergy Gas Limited is an independent firm in the clean energy sector, concentrating its efforts on identifying, exploring, and bringing to production coal bed methane (CBM) ventures across Indonesia. The company manages six agreements for unconventional gas production, which together span approximately 3,695 square kilometers in Indonesian regions such as South Sumatra, Central Sumatra, and East Kalimantan. Established in Sydney, Australia, in 1985, NuEnergy Gas Limited operates as a subsidiary of Globaltec Formation Berhad.
NuEnergy Gas Limited is most often compared with the following Energy names: