sapex article , page-3

“Sapex is interested in the basin’s large coal deposits as a source for coal seam gas and in the Permian sediments that are similar to those that have produced major oil fields on the Cooper Basin.

“We’ve got multiple targets and multiple structures. We have source, reservoir and seals.”

There also appears to be about 25-30 billion tonnes of sub bituminous coal throughout the basin in seven major deposits.

The Arckaringa has the potential for 10-30 trillion cubic feet of coal seam methane in place, according to Sapex, although the company admits the gas content of the coals is not yet known.