SF
I was under the impression that ESG's coals (the Bohena parrticularly) was HIGHLY PERMEABLE and gas saturated. That's what they have been saying in presentations since 2009. Why do you say otherwise? Anyway they also say that the natural fractures and the lateral drilling further enhances deliverability.
I don't think there are any question marks on ESG's reserves being economic .... its now all down to commercialisation. So we wait for them to be ready to choose an option (or 2).
It occurred to me that on a number of occassions now JA has said in media interviews that he sees a big role for ESG's gas (and CSG generally) to power transport. I wonder if one of the commercialisation options often talked about being GTL might be closer to becoming a reality?? In addition to LNG export of course.
H
Add to My Watchlist
What is My Watchlist?