New Hope Corporation Limited

New Hope Corporation Limited explores, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal mining in New South Wales, and Oil and Gas. The company has interests in two open cut coal mines in South East Queensland that produce thermal coal, including the New Acland project, which is located in north-west of Oakey, Queensland; and the Jeebropilly coal mine located in the West Moreton region near Ipswich. It also holds interests in oil projects and exploration permits based in the Eromanga Basin of south west Queensland; and two onshore exploration permits in the Otway Basin of south western Victoria. In addition, the company is involved in the marketing and logistics activities; and port operation and agriculture activities. It serves in Japan, Taiwan, China, Chile, Korea, Indonesia, Vietnam, India, Australia, and internationally. The company was founded in 1952 and is based in Brookwater, Australia. New Hope Corporation Limited is a subsidiary of Washington H. Soul Pattinson and Company Limited.