Greenvale’s principal asset is its interest in an oil shale tenement granted by the Queensland Government in Australia. The tenement is the area of land subject to:

The Alpha deposit is extremely rich shale. The Alpha deposit consists of two seams – an upper seam comprising cannel coal shale and a lower seam comprising torbanite oil shale lens enclosed in cannel coal shale.  Torbanite is a rich oil shale comprised predominately of algal components.

The Alpha deposit is a very rich oil shale deposit.


To view a full version of the Letter of Opinion on this project, please click here