Correct comment. It is not so much the size of the potential coal resource as its ability to host Coal Seam Gas, which in this case, it does. So it looks more and more like this coal resource will give Oil Basins another potential asset. A couple of months ago it was purely a punt on one well. Now there is potentially another project and it will be a joint venture deal that will give us a jump in share price. If another CSG operator/explorer comes on board at the right commercial jv deal, then there we have real support for the stock and blue sky ahead. Aquila and Cullen Resources are very active in the Canning in coal project delineation. The only real issue for Oil Basins up there is the wet season and how they cope with that. Rockford
OBL Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
