nsw/qld csg company comparsions, page-19

TBE,
a few quick points to explain the differences:
-MEL has no conventional reserves
-MEL has low flow rates from their CSG plots
-MEL presently only has low to moderate domestic gas/elec
-BOW has conventional rights over the CM basin tenements and have no plans to explore them at present (arrow holds rights over the CSG in the CM tenements)
-BOW has 100% owned quality tenements in the CSG-LNG export areas
-BOW has only moderate prospects for domestics gas/elec
-BOW will probably only have moderate flows with a large resource
-ESG has massive potential for domestic gas/elec
-ESG has low to moderate prospects for LNG export
-ESG has high flow rates and a Massive resource

this doesnt mean it cant all turn on a dime in the next 12 months. All three have upside but come with verying degrees of risk.

Cheers,

SF