An appraisal-stage coal-seam gas project in Queensland's Galilee Basin — the asset our subsurface capability and technology are being applied to today.
CURRENT ASSETBINDING AGREEMENT AUGUST 2026
Glenaras
ATP 2019 · Galilee Basin, Queensland
GLENARAS · SATELLITE VIEW OF WELL PADS, ACCESS TRACKS AND WATER STORAGE (COURTESY GOOGLE EARTH 2026)
Glenaras was a strategic acquisition: an appraisal project with existing wells, infrastructure and data, taken on because it fits how we prefer to enter — established ground, capability applied after.
The principal development contingency is water ingress. Key pathways have been identified, mitigation strategies are technically achievable, and a multi-faceted implementation approach is under development.
Novus work will be focused on developing an effective extraction technology, including blocking water ingress, alongside field characterisation, technical assurance and the design of a credible development pathway. Resource information will be published only once it has been prepared and qualified in accordance with the applicable reporting standards.
Operations are being run lean, with a steady-state maintenance transition underway and pilot activities in preparation.
TENEMENT
ATP 2019
BASIN
Galilee, QLD
TYPE
CSG appraisal
NOVUS POSITION
Ownership 100%
EXISTING WELL PADS AND ACCESS TRACKS ACROSS THE FIELD
DRILLING OPERATIONS ON GLENARAS PILOT
FURTHER OPPORTUNITIES
Confidential while under negotiation
Novus is actively negotiating an international asset, alongside further coal-seam opportunities in Australia — each tested against the same five-part filter we apply to everything we take on. Terms are confidential for now, and details will be published once settled and the parties agree to disclosure. Watch this space.
Glenaras is run under formal operating and safety management systems, with barrier management and monitoring across the well lifecycle — including the legacy wells and abandonment obligations we have taken on. Every person on site holds stop-work authority.
Three proprietary technologies underpin how we unlock coal-seam resources. Each is being advanced against live field challenges rather than developed in isolation.
IHF
An emerging completion and stimulation approach developed for coal-mine methane and underperforming coal-seam developments.
TRD
A subsurface technique under active development and provisional IP protection, applicable to field development planning.
SBT
A method to help modify the flow of fluids within rock. Currently the subject of an internal IP audit.
Technology descriptions are general in nature. Detailed technical information is shared only under confidentiality.
