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Chelsea Oil & Gas is an Australian focused exploration, development and production company with 5.2 million net acres of land onshore Australia.  We have a portfolio of assets which include 6 existing oil discoveries with independently evaluated reserves, a fully carried seismic and drilling programme in a proven exploration play, and multi-billion barrel potential in two emerging unconventional plays offsetting Supermajors who have committed to invest up to $545 million in the next 3 years on immediately offsetting lands.  More

Recent Articles

  1. Annual Information Form

    April 13, 2015

  2. Press Release

    April 13, 2015

Stock Information


The information contained in this website ("Website") has been prepared by Australian-Canadian Oil Royalties Ltd. (to be renamed Chelsea Oil & Gas Limited) ("the Company") and is being provided for informational purposes only. The Website contains information which assumes the completion of the transactions contemplated by the arrangement agreement dated May 29, 2013 between the Company and International TME Resources Inc (the "Arrangement Agreement"). There is no certainty that such transaction will be completed on the terms provided for in the Arrangement Agreement or at all. The Website has not been independently verified and the information contained in it is subject to updating, completion, revision, verification and further amendment from time to time. The Website does not purport to contain all information that any prospective investor, shareholder or other person may require. While the information contained in it has been prepared in good faith, neither the Company nor its shareholders, directors, officers, agents, employees, or advisors give, has given or has authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Website, or any revision thereof (all such information being referred to as "information") and liability therefor is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct, express or implied, contractual, tortious, statutory or otherwise, in respect of the accuracy or completeness of the information or for any of the opinions contained in, or for any errors, omissions or misstatements or for any loss, howsoever arising from the use of this Website. In furnishing this Website, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Website or to correct any inaccuracies in, or omissions from, this Website which may become apparent.

Prospective investors are encouraged to obtain separate and independent verification of information and opinions contained in this Website as part of their own due diligence.

This Website should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisors. Each party to whom access to this Website is provided must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained in this Website necessarily involve significant elements of subjective judgement, analysis and assumption and each recipient should satisfy itself in relation to such matters.

This Website does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company, nor shall it, or the fact of its delivery, making or distribution, form the basis of, or be relied upon in connection with, or act as any inducement to enter into any contract or commitment whatsoever with respect to such securities. By accepting this disclaimer, the recipient represents and warrants that it is a person to whom this Website may be viewed without a violation of the laws of any relevant jurisdiction.

Forward Looking Statements

This Website contains certain statements which constitute forward-looking statements or information ("forward-looking statements"), including statements regarding Chelsea's business, such as the transactions contemplated by the Arrangement Agreement, the proposed acquisition of certain royalty interests, and capital and drilling programs which by their nature are forward-looking statements and which are subject to numerous risks and uncertainties, some of which are beyond the Company's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, operational risks in exploration and development, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although the Company believes that the expectations in our forward-looking statements are reasonable, our forward-looking statements have been based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information. As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be provided as to future results, levels of activity or achievements. Except as required by applicable law, Chelsea does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

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