Not a generic E&P.
Conventional operators walk away from coal-seam resources that look too complex to develop. That is precisely where our capability compounds. We unlock first and develop second — and we hold a position in every play we work on.
One resource type, deeply understood. Coal-seam gas is the whole business, not a segment of it.
IHF, TRD and SBT — our own IP, actively matured against live field problems.
We hold ownership, equity or a royalty in every play. Advisory work is an adjacency, never the core.
Glenaras, Galilee Basin
ATP 2019 in Queensland's Galilee Basin, a strategic acquisition completed in 2026. The work programme is focused on characterising the field, addressing water ingress and defining a credible development pathway.
Alongside Glenaras we are actively negotiating an international asset. Terms are confidential for now — watch this space.
Nobody gets hurt. Nothing else outranks it.
Every person on a Novus site — employee, contractor or visitor — goes home in the condition they arrived. Schedule and commercial pressure never override that, and any worker can stop a job at any time, without permission and without consequence.
We work under formal operating and safety management systems aligned to Australian petroleum and gas safety legislation, with open and prompt engagement with regulators and landholders.
Five tests. All must pass.
Every opportunity is filtered before it earns Novus capital or attention. The filter is what keeps a specialist business from drifting into a generic one.
Structural scale is what justifies proprietary capability. We don't do small.
A demand or supply thesis over five-plus years — not a punt on cyclical prices.
Well-directed capital that de-risks far more value than it consumes.
Hydrocarbons proven, geology understood. We are unlockers, not frontier explorers.
Ownership, equity or royalty in every play — never a fee for our best thinking.
Speak to the Novus team.
General, partnership and media enquiries are welcome.