Trading Week, page-22

EXR is the first company to have permission to produce CSG in Mongolia. All others have been explorers looking for a resource that they had no commercial experience in. Since, Australia has heavily developed the industry and turned it into a huge success. Our key board members were core to that.

Now, back to the exploration program. When the options are all pretty much converted we will have lots of money to take us through to commercializing. We will do a couple of wells to flare, and the external money will make its way to us. This will fund further exploration in parallel with small scale production.

We will make local LNG such as BOC does in Australia in Surat Basin near Miles, in Dandenong and in Tasmania, even such as Fortis BC in Vancouver at Tillbury. It will be for trucking and transport. Then, the pipeline will come and we will be literally, cooking with gas.