darwin gas plant, page-15

Crosso,
2 LNG plants in the pipeline here, Let's not underestimate the significance of this in relatively unexplored CBM areas of the country.

Central/Southern Qld has been seen as the hub of CSG in Aus to date but imo these are still very early days.

I don't want to ramp my investment in fear of being labeled with self interests but is there an exploration CBM company in Australia or the world for that matter with a potential of 100TCF of CBM in their CBM tenements apart from CTP?

I understand that we are in early days as an exploration company but imo one cannot overlook the promising results & upside so far for CTP. Let alone their other plays in Helium & Oil.

We have a long way to go but have started to create much interest in the sector. This is set to increase as time goes on imo. I'm here for the long haul.

The $600,000 was from an interested party who wanted results on gas plays in Baltimore#1 as I understand it. Baltimore#1 was hoping for an oil find but failing to reach depth still managed 50m of oil shows(from memory) & 160mtrs of permeable gassy coal shows.

The interested company has won the right with that $600k payment to join with the company by the 6th Oct 2008 in a MUTUAL farmin opportunity over PART or ALL of CTP's tenements. Imo if an agreement is reached with the anonymous party over ALL of CTP's tenements then they would have to be a formidable company with a very large offering for either party to be considering such an offer.

Plenty of ifs & buts but I'm holding very tightly for now:)