More importantly, it is very hard to compare the two companies, as QGC also had a lot of infrastructure assets.
QGC has constructed a coalbed methane liquefaction plant on Curtis Island off the coast of Gladstone in Central Queensland. The company has built a 540-kilometre (340 mi), 42-inch (1,070 mm) diameter pipeline from Miles to Gladstone, making it the longest buried pipeline of its type in Australia. About 20% of Queensland's natural gas was produced by QGC in 2009. The company has a gas plant called Kenya, which is located near Tara, Queensland. Three coal seam gas fields Lauren, Codie, and Kate are associated with the Kenya plant.
EXR Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
