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CARBON MINERALS LIMITED

Carbon Minerals Limited is an Australia-based company, which is engaged in exploration... Carbon Minerals Limited is an Australia-based company, which is engaged in exploration for natural resources in the Commonwealth of Australia. The Company operates through two segments: Natural resources exploration and Primary production. The Company holds Petroleum Exploration Licenses 1 and 12 in Gunnedah Basin Coal-Seam-Gas Project, located in New South Wales. These tenements are jointly held by the Company's subsidiary, Australian Coalbed Methane Pty Limited (ACM) and Santos QNT Pty Ltd (Santos). ACM holds a 35% interest in the titles and Santos holds the remaining 65%. The Company's exploration is carried out under a joint venture arrangement, with Santos being the project operator.More