positioning for prosperity, page-7

From the announcement on 14th November they have an application before the authorities for the necessary approval to allow us to drill a conventional well (Otway 1) on land owned by Origin Energy.....

If approved, the well is designed as a conventional well to access gas (not CSG) which we believe to be present in the same geological structural setting as the neighbouring Iona gas field, which has been producing gas for more than 30 years......