Investors will one day realise that selling gas in France and Europe in general is such a better deal than selling gas in Australia that they will definitely re-rate the story once EPG can show significant gas flow from one of the wells.
The unconventional oil and gas space in Europe has matured a lot over the past 5 years (better service companies and more specialists with North America and Australian expertise involved).
So I think the revolution that we saw in Australia with CSG in 05-08 and in the US with shale in 08-10, is happening right now in Europe with a lot more drilling activity going on at the moment in different locations and I can't think of a better aussie play than EPG to get full exposure to that revolution.
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