Epic Drilling rent out the rig to other explorers. The rig's parts and additional equipment fill 118 trucks. Epic Drilling employs around 35 staff and
contractors. Epic Drilling general manager is Jeff Fox.
Fudge owns and breeds race horses, such as Sir John Hawkwood, Ephemera, Sienna Red,
and London Bridge, running in red and white colours, through his company Waratah Thoroughbreds
Pty Ltd (Waratah Thoroughbreds Syndicate), located at
Bong Bong Farm, Moss Vale NSW.
Fudge spent $27 million in December 2011 on his "equine facility" - poor people call them stables. In the same year,
Paul Fudge spent at least $7 million buying horses at overseas
track record is here.
In 2012 Fudge paid
JPY145 million ($US1,790,124) for a sister to the Japanese Derby
winner Deep Brillante (Deep Impact – Love And Bubbles, by Loup Sauvage). Fudge has a licence to race horses in
Andrew R. Scott is Senior Technical Advisor for
Pangaea Resources Pty. Ltd.
Paul Fudge's Pangaea Resources and others companies have these
Pangaea owns 100% and operates
PEL 476 and PEL 477, located in the southern New England Fold Belt along the eastern region of NSW
which covers an area of 10,119 km2.
PEL 476 was granted in December 2009 and renewed
in 2013. PEL 476 starts about 8km west of Gloucester township to
include the Manning Valley NSW. residents are already preparing to
fight the exploration.
PEL 477 was granted at
the same time and is located about 35kms SSW of Inverell, NSW.
The southern New England Fold Belt forms a series of structurally
complex folds and thrusts that contain discrete remanent Permian
basins including Myall Syncline.
Since 2009 Pangaea has conducted field mapping and acquired aeromagnetic and ground gravity surveys to
help understand these remanent Permian basins.
These surveys results are being integrated with existing geological and geophysical data to refine
the exploration model and the next stage of coal seam gas exploration.
Pangaea owns 100% and operates, both
ATP 989P and ATP 1041P located in the western
Galilee Basin near Winton in
Queensland, granted in 2010.
The western Galilee Basin
has high geothermal gradients, coal rank and coal thickness, therefore
a high grading of hydrocarbon potential. Pangaea is in the appraisal phase
of these tenements.
Surat Basin PEL437 (NSW)
Pangaea owns 100% and operates PEL 437, located in the southeast portion of the Surat Basin in northern New South Wales
which covers an area of 5,525 km2.
Pangaea stated they are
making a decision in 2013 on a further exploration program,
following results of a four well drilling program.
The majority of PEL 437 is located on the eastern up-thrown side of
the Goondiwindi Fault System, adjacent to the
Bowen Basin, which is
considered an extension of the Taroom Trough in Queensland.
The “Deeps” (Queensland)
Pangaea is in joint venture with
Origin Energy and Queensland Gas Company Limited (QGC, a BG Group business), to explore and develop the oil and natural gas potential of the “Deeps”
located in the eastern Surat Basin
in south-eastern Queensland.
Pangaea holds interests of up to 75% in the “Deeps”. Origin Energy and QGC are respective operators of ATP788P, and 610P, 620P & 648P and associated PLs.
are the stratigraphic
sequences 100 feet below the base of the highly prospective Walloon
Coal Measures of ATP (Authority to Prospect) 610P, 620P, 648P and
788P and associated Production Licences (PL).
McArthur / Beetaloo Basins
Pangaea has a 100% interest in and operates
EP(A) 167, 168 and 169, located in the western McArthur and
central Beetaloo Basins southeast of Darwin, adjacent to the towns
of Elliot and Katherine in the Northern Territory.
Pangaea is in the initial phase of their exploration
program with an airborne gravity survey in early 2013 followed by 2D
seismic acquisition and drilling.
Initial sampling work and exploration
with a number of wells recovered hydrocarbons.
The McArthur and Beetaloo Basins contain thick sequences of
organic rich source rocks capable of generating significant
quantities of oil and natural gas.
Victoria River / Birrindudu Basins
Pangaea operates and has a 100% ownership of EP(A) 198, located in the north eastern Victoria River/Birrindudu
Basins approximately 600 km south of Darwin near the town of
Yarralin which is next to the western edge of the tenement.
Pangaea is conducting the initial phase of the exploration
program in 2013 with an airborne gravity survey and 2D
Fudge's Pangaea Resources is not to be confused
with Pangea Resources Australia Pty Ltd, a company notable for a
controversial proposal for an international high-level radioactive
waste repository in Australia.