Beyond QER’s Gladstone New Fuels Project, QER has tenements over sufficient resource to contribute to Australia’s fuel sufficiency well into the future. In fact QER has tenure over 20 billion of Australia’s 23 billion barrel oil resource.
More than a third of this resource is estimated to be recoverable at realistic future oil prices.
For now, however QER’s focus is on the remarkable potential of the ideally located Stuart and Rundle deposits at Gladstone.