Forte Energy Limited is an Australia-based oil and gas exploration company focused on conventional hydrocarbon exploration. It holds a 100% interest in the WA-424-P petroleum exploration permit in the Browse Basin, located offshore north of Broome, Western Australia, spanning approximately 140,000 square kilometers. This permit features three wells: Gwydion-1, Caspar-1A, and Pryderi-1. Formerly known as IPB Petroleum Limited, the company rebranded to Forte Energy Limited in February 2026. Operating through subsidiaries including IPB WA 424P Pty Ltd and IPB Exploration Pty Ltd, Forte Energy Limited targets oil-prone southern regions within this prospective basin, known for significant hydrocarbon potential. With a market capitalization around AU$5.86 million and approximately 901 million shares outstanding, it represents a micro-cap entity in the energy sector, emphasizing permit management, regulatory compliance, and exploration activities without current revenue generation.