Eastern Gas Corporation
- Company typePrivate
- Founded-
- HeadquartersCrows Nest, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
Eastern Gas Corporation firmographics
Firmographics- Name
- Eastern Gas Corporation
- Legal name
- Eastern Gas Corporation Limited
- Website
- https://easterngas.com.au
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Eastern Gas Corporation industry classification
Industry- Product category
- Natural Gas Exploration and Production
- NAICS
- Natural Gas Extraction (211130)
- SIC
- Crude Petroleum & Natural Gas (1311)
- akta.pro primary industry
- Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance) (EUAAAAAK)
- akta.pro secondary industry
- Sour Gas / High-CO₂ Gas E&P (Acid Gas Fields) (EUAAAAAE)
Keywords
Where Eastern Gas Corporation is headquartered
LocationHeadquarters
- HQ city
- Crows Nest
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Eastern Gas Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Technology or R&D, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Natural Gas Production and Sales: The company generates revenue through exploration and production of natural gas from its tenements in Queensland's Cooper Basin and Walloon CSG fairway. Gas produced is intended for connection to domestic customers via pipeline infrastructure and access to LNG hubs.
- Gas Resource Development: Revenue potential from converting 2C contingent gas resources to 2P proven reserves, which would underpin gas sales contracts for development of CSG fields.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Eastern Gas Corporation product offering
Product offeringCore offering
Eastern Gas Corporation is a natural gas exploration company that operates two prospective tenements in Queensland: Project Venus in the Surat Basin (Walloon CSG Fairway) and Project Windorah in the Cooper Basin. The company focuses on the exploration and development of coal seam gas and basin-centred gas resources, with plans to connect production to domestic customers via pipelines and to LNG export hubs. The company is preparing for/has completed an ASX IPO to fund drilling operations.
Product overview
Eastern Gas Corporation is a natural gas exploration company structured as a dual-project portfolio. The company operates two distinct exploration projects: Project Venus in the Surat Basin (Walloon CSG Fairway) and Project Windorah in the Cooper Basin. Project Venus targets coal seam gas (CSG) resources with 130 PJ of certified 2C gas resources, while Project Windorah represents a Basin-Centred Gas play with 330 Bcf 2C and 770 Bcf 3C resources. Both projects are positioned to connect to existing gas pipeline infrastructure for domestic market supply and LNG hub access, addressing Australia's east coast natural gas shortage.
Differentiator
Problem solved
Functional benefit
Brands
- Project Venus: Natural gas exploration project located in the Walloon CSG Fairway, Surat Basin, Queensland. Contains high-quality and prospective acreage with certified 130 PJ of 2C gas resources.
- Project Windorah
Products and services
- Project Venus Natural gas exploration project located in the Walloon CSG Fairway of the Surat Basin, Queensland — a proven gas-producing region with over 10,000 wells drilled. Contains high-quality, prospective acreage with 130 PJ of 2C gas resources and is strategically located near industrial-scale gas infrastructure including pipelines connecting to domestic customers. Targeted at industrial energy buyers and LNG hub access.
- Project Windorah Natural gas exploration project located in Australia's Cooper Basin, the country's most prolific onshore petroleum-producing basin. Covering 480 km², the project represents a significant Basin-Centred Gas play with 2C gas resources of 330 Bcf and 3C gas resources of 770 Bcf from four gas wells (Tamarama 1, 2, 3 & Queenscliff 1). Awarded a 15-year-plus PCA and located in close proximity to gas plants and pipelines connected to domestic markets and LNG hubs.
Quantifiable outcome
- Converting 130 PJ 2C gas resources to 2P reserves could underpin a sizeable gas sales contract
- +1 more outcomes
Companies that use Eastern Gas Corporation
Customer profileSegments1 record
Ideal customer profiles2 records
Eastern Gas Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Eastern Gas Corporation partnerships and signals
Strategic signalScale indicators7 records
Recent moves7 records
Expansion highlights5 records
Eastern Gas Corporation competitors and assessment
Company assessmentBroad incumbents
- Origin Energy: Major integrated Australian energy company with upstream CSG operations (Australia Pacific LNG) in the Surat/Bowen basins. Comparable as a large incumbent operating in the same Queensland CSG fairway and competing for similar industrial and LNG offtake.
- Santos: One of Australia's largest oil and gas producers with significant CSG operations in Queensland (GLNG). Provides a broad incumbent comparison given overlapping Cooper/Surat Basin footprint and shared east-coast gas market exposure.
- Senex Energy: Major east-coast Australian CSG producer (acquired by POSCO/APA) operating in the Surat and Bowen basins. Comparable as a larger incumbent operating in the same Walloon CSG Fairway region that Eastern Gas is targeting.
Direct peers
- Comet Ridge: ASX-listed natural gas explorer with Mahalo (Bowen Basin CSG) and other Queensland gas assets. Directly comparable as a small-cap east-coast Australian gas explorer targeting similar Walloon/Bowen CSG resources and LNG export markets.
- Blue Energy: ASX-listed gas explorer with acreage in the Surat/Bowen basins. Comparable as an early-stage east-coast Australian gas exploration company with similar infrastructure and offtake considerations.
- Empire Energy Group: ASX-listed upstream gas company operating in the Northern Territory (Beetaloo/McArthur Basin). Comparable as a small-cap Australian gas explorer focused on unconventional plays requiring horizontal drilling and multi-stage fracking.
- Strike Energy: ASX-listed gas developer with the Walyering and West Erregulla gas projects in Western Australia. Comparable as a small-mid cap Australian natural gas exploration and development company pursuing domestic supply contracts and LNG-related opportunities.
- Galilee Energy: ASX-listed natural gas explorer with CSG interests in the Galilee and Surat Basins of Queensland. Comparable as a junior east-coast Australian gas explorer targeting similar markets.
- Real Energy Corporation: ASX-listed CSG-focused explorer in Queensland's Cooper and Surat Basins. Directly comparable given overlapping basin footprint and similar pre-revenue/contiguous-resource profile.
Emerging players
- Elixir Energy: ASX-listed explorer with unconventional gas projects (Mongolia and Australian interests). Comparable as a small-cap unconventional gas exploration company, though geographically distinct.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Eastern Gas Corporation social profiles
Digital presenceEastern Gas Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eastern Gas Corporation leadership team
Management profileNumber of profiles
Eastern Gas Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eastern Gas Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eastern Gas Corporation
What does Eastern Gas Corporation do?
Eastern Gas Corporation is a natural gas exploration company that operates two prospective tenements in Queensland: Project Venus in the Surat Basin (Walloon CSG Fairway) and Project Windorah in the Cooper Basin. The company focuses on the exploration and development of coal seam gas and basin-centred gas resources, with plans to connect production to domestic customers via pipelines and to LNG export hubs. The company is preparing for/has completed an ASX IPO to fund drilling operations.
Is Eastern Gas Corporation a public or private company?
Eastern Gas Corporation is a private company. It is classified as public and is currently operating.
When was Eastern Gas Corporation founded?
Eastern Gas Corporation was founded in -1. It employs 11 to 50 people.
Where is Eastern Gas Corporation based?
Eastern Gas Corporation is headquartered in Crows Nest, Australia, in the Oceania region.
How does Eastern Gas Corporation make money?
Two revenue lines are on record. Natural Gas Production and Sales are the primary driver. The others are gas Resource Development.
Who are Eastern Gas Corporation's main competitors?
Broad incumbents on record are Origin Energy, Santos and Senex Energy. Direct peers are Comet Ridge, Blue Energy, Empire Energy Group, Strike Energy, Galilee Energy and Real Energy Corporation. Elixir Energy is listed as an emerging player.
Does Eastern Gas Corporation have an API?
No public API is recorded for Eastern Gas Corporation.
What industry is Eastern Gas Corporation in?
Eastern Gas Corporation's product category is Natural Gas Exploration and Production. Its primary akta.pro industry code is EUAAAAAK, Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance), with a secondary code of EUAAAAAE, Sour Gas / High-CO₂ Gas E&P (Acid Gas Fields). Its NAICS code is 211130 and its SIC code is 1311.