Bluetooth, I am sorry to say that a couple of your points or 'facts' require both clarification or out right rebuttal. I think you should be careful when stating that your post is factual.
4) if you mean that pipelines are close by, then if 300km is close, yes. There is so much to be done before gas sales actually occur, as in years...
5) While finding gas at every well is nice, it means nothing unless it can be proved commercial, so try not to count your chickens before they are hatched.
7) On what Basis is the Cooper Basin less attractive? Its billions in infrastructure? its excellent roads which allow movement 365 days a year which means no seasonal down time... which AJQ will face forever.
8) I think you need to undertake more research on what the Cooper Basins geology looks like. Unlike AJQ, the Cooper Basin has multiple plays, not just shale gas, but tight gas too. The depths vary across the entire basin, also, some parts of the Cooper Basin are gas saturated for over 1000 meters! That's 3000 feet.
9) Sorry, but that is 100% incorrect, STO/BPT/ORGs Moomba 191 well last year was the first commercial shale gas well that was hydraulically fractured. So far AJQ simply has a well that is producing gas from shale.
Good luck to all longs, AJQ is indeed an interesting company with some very prospective acreage.
AJQ Price at posting:
18.5¢ Sentiment: Hold Disclosure: Not Held