from the pesa website. again fairly old news... resource estsimated at 35PJ is the main point...
http://www.pesa.com.au/publications/pesa_news/oct_06/govtsupp/govsupp_6.htm
Golden Beach Gas - Cape Energy (Vic) Pty Ltd
Cape Energy proposes to develop the Golden Beach gas field located approximately 4 km off Ninety Mile Beach in the Gippsland Basin. The Golden Beach gas will only require minimal treatment for it to reach sales quality. Should this field be developed it will be the first in Victorian waters and will involve up to two gas wells, a pipeline approximately 20 km long and a small gas plant. Cape Energy has proposed developing the field by directionally drilling from onshore, a first for Victoria. The resource is estimated to be 35 PJ.
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