Corporate

Rey Resources Limited (“Rey”) is an ASX-listed company (ASX.REY) focused on exploring and developing energy resources in Western Australia’s Canning and Perth Basins.

Rey holds 100%  of EP487 (” the Derby Block”) which is considered prospective for both conventional and unconventional oil & gas. This permit holds the prospective Butler Prospect which is defined by seismic and considered to be a large conventional wet gas play.

Rey holds a 25 % beneficial interest, including a 10% free carry interest, in two highly prospective Canning Basin petroleum exploration licences EP457 and EP458 ( “the Fitzroy Blocks”) located to the south east of the Ungani oil field.

Rey holds a 43.47% interest in the North Perth Basin petroleum exploration licence EP437.  Prospects in EP437 are currently being evaluated with a new exploration well to be drilled in the coming months.

Rey also holds thermal coal exploration tenements in the Fitzroy Trough in the Canning Basin and continues to progress regulatory approvals for the Duchess Paradise Coal Project located in these tenements.