BPH Energy urges government to review offshore NSW project in light of expected gas shortages

BPH Energy (ASX: BPH) managing director David Breeze joins Small Caps to discuss the latest updates relating to the company’s investments.

BPH holds a 36.1% direct interest in Advent Energy, which holds an 85% stake in the PEP 11 joint venture gas project off the coast of New South Wales, as well as a 10% stake in Clean Hydrogen Technologies Corporation.

PEP 11 operator, Advent’s 100% owned subsidiary Asset Energy, is currently in the process of appealing a decision by the federal government to deny extending the exploration permit.

The joint venture was preparing to drill the Seablue-1 well, which they believe could provide part of a solution to the east coast market’s forecasted gas shortage.

BPH also holds 16.7% equity in medical tech company Cortical Dynamics, which is aiming to have its brain anaesthesia response monitor (BARM) listed as an approved medical device by the US Food and Drug Administration (FDA).

Articles:
https://smallcaps.com.au/bph-energy-investee-advent-review-pep-11-gas-strategy-misuse-of-power-revelations/
https://smallcaps.com.au/bph-energy-investee-cortical-dynamics-issued-us-patent-brain-monitoring-technology/
https://smallcaps.com.au/bph-energy-advent-energy-acquire-equity-clean-hydrogen-technologies/

For more information on BPH Energy:
https://smallcaps.com.au/stocks/BPH/

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