I own a heap of coal seam methane shares in lots of companies. The best quality coal might have plenty of gas, but is very difficult to extract. To my knowledge, there has been no csg from good quality coal in Australia.
In QLD, best results are from the poorer quality coal, which have high permeability!
I was holding SXP until last week. I hope they find something, I still hold ESG!
SXP
sapex limited
sapex has black coal rather than brown coal, page-2
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