Barry Ofarrel trading CSM Gas stocks in NSW
MPO-Market already arrived dammit but may hit 30c at this rate.
COI comet ridge CSM nsw gas too in with Easrtern Star!!
COI COI!! Boat still in harbour should sail once market catchs on details below.
PEL 427 - New South Wales
PEL 427 is located in northern New South Wales, immediately north of Eastern Star Gas’ Narrabri Gas Project and Wilga Park Power Station in PEL 238 permit. Comet Ridge has a 25% interest in PEL 427, which covers an area of 7,010 sq km. Eastern Star gas announced on 7 March 2011 an initial resource booking for PEL 427, which was assessed by independent reserves certifiers MHA Petroleum Consultants LLC. Resources have been booked in the Late Permian Black Jack Seam and the Early Permian Maules Creek Seam in the south of the permit, and the Early Cretaceous Bungil Seam in the north.
PEL 428 - New South Wales
PEL 428 is located in northern New South Wales, immediately north and east of Eastern Star Gas’ Narrabri Gas Project and Wilga Park Power Station in PEL 238 permit. Comet Ridge has a 20% interest in PEL 428, which covers an area of 6,018 sq km. In 2010 Comet Ridge announced it had signed a Binding Heads of Agreement (HOA) to acquire Greenpower Energy Limited’s (ASX:GPP) 20% interest in PEL 428, lifting Comet Ridge’s stake in the Joint Venture to 40%. The transaction is expected to be completed shortly.
CSM stocks in NSW missed by market currently but should
run hard all week if pen gets to paper which looking at
MPO looks like the markets factoring it in.
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