Westralian Gas and Power Limited achieved a significant milestone in 2006, "revenue".
The Board considered a number of Oil and Gas opportunities world-wide that fit the model for a small exploration company and came to the conclusion that it was wiser to look to the industry's roots rather than strike out into unknown territories.
With the oil price sitting over US$60 per barrel many older oil fields may now hold the secret to success for the smaller serious explorer. Where better to start than near the site of America's first documented gusher the "American Oil Well" near Burkesville Kentucky.
http://www.uky.edu/KGS/emsweb/history/predrake.htm
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