Walloon Coals
Reserves independently certified by MHA Petroleum Consultants
(100% basis).
Probable Reserves 2P 17PJ
Possible Reserves 3P 380PJ
Contingent Resources 2C 629PJ
Within permits PEL 479 and 457.
Red Sky has earned 30% interest in these permits
Totals > 1 TCF of recoverable gas
Gross revenue value of $4billion at today?s gas prices
Value based on Queensland coal seam gas deals linked to LNG
transactions:
30% interest worth $79m (BG/QGC acquisition) to $224m (Santos
part sale to Petronas) ? equates to Red Sky 6.6c/share to 18.6c/share
Value could be realised when Gladstone LNG developers seek gas for
more trains
Ann: Company presentation , page-3
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| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $16.04K | 3.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 85103644 | 0.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 78525938 | 64 |
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