Time to do a deal, page-15

- Statoil wrote off their Southern Georgina acreage
- Chevron/Beach/Icon haven't exactly had earth shattering results in the Nappamerri Trough of the Cooper Basin .
- New Standard got nowhere with the Goldwyer
- Linc have got nowhere in the Arkarringa
- Armour have had mixed results

So far the potentially massive scale resource plays , many in very old rocks , have not demonstrated commerciality .

LNG plants are reliant on offshore fields and CSG .

Until the Laurel formation has been eliminated as a possible massive scale source of gas with associated liquids , Oil Basin's is still very much in the game .