New Standard Energy Limited is engaged in the exploration for oil and gas in the Carnarvon Basin and Canning Basin in Western Australia. The Company's segments include Australia and United States. The onshore Canning Basin is situated approximately 2,000 kilometers north of Perth in the central north of Western Australia, covering an area of approximately 530,000 square kilometers. Its projects in Canning Basin include Southern Canning and Laurel Project. The Southern Canning project covers approximately 48,000 square kilometers and Laurel Project covers approximately 5,900 square kilometers. Its onshore Carnarvon Basin is located approximately 1,000 kilometers north of Perth and includes over two depo-centers. It also operates Merlinleigh Project in the onshore Carnarvon Basin in Western Australia. Its subsidiaries include New Standard Onshore Pty Ltd, New Standard Energy Inc, New Standard Energy Colorado LLC and New Standard Energy Ventures LLC.