IPB Petroleum Limited is an Australia-based oil and gas exploration company. The Company...IPB Petroleum Limited is an Australia-based oil and gas exploration company. The Company has a 100% interest in the petroleum exploration permits located in the Browse Basin (WA-424-P). The Browse Basin is located north of Broome, offshore, Western Australia, and covers an area of approximately 140,000 square kilometers. The WA-424-P permit contains three wells, Gwydion-1, Caspar-1A and Pryderi-1. The Company’s subsidiaries include IPB WA 424P Pty Ltd and IPB Exploration Pty Ltd.More