Company director Ray Barnes said the shift in focus was based on the perceived potential of the Basin and the ability of its acreage to generate greater returns for shareholders.

"Nockatunga has been producing now for around 13 years and was actually the cornerstone of our IPO," he said. "Now, however, we are looking at our positive interests in the Perth Basin and the Cliff Head project."

Nockatunga has been constantly producing at about 150bopd with Voyager holding about 40% of the project. Barnes said Voyager was in discussions with a number of potential buyers but added the company would not let the asset go at anything less than fair price.

Recently Voyager increased its stake in the EP413, which includes the Jingemia-1 well, by 0.2685% taking its holding in the Origin-operated project to 6.27%.

The well is producing at 1,771bopd and plans for further development of the project are scheduled to begin next month.

Voyager will use its share of revenue to fund its involvement in the promising Cliff Head project which intercepted a gross oil column of 30m in March this year.