Nexus is currently holding discussions with several companies in order to get into onshore/offshore shallow water exploration and production joint ventures.

Nexus said it is firmly committed to the use of the GORE-SORBER exploration survey technology as an effective tool for enhancing oil and gas exploration.

The company added it was planning to run a series of trial surveys in each of the major onshore basins to demonstrate the capability of this technology in order to encourage its wider application in Australia as well as provide it with additional farmin opportunities.