re: Ann: Kanaka 1 Lifts Confidence in ATP 813...
Quite a low gas desorption figure (particularly compared with the "world class" one from ATP814 the other day) but it sounds like they've hit what they've expected...
Sounds as though they are anticipating 25m or so of coal right across the Galilee basin - which I guess will be a lot of coal across that area of acreage. Interested to see exactly what ECU hit, though they reported hitting Betts Ck coals but are keeping their cards close to their chest at this stage.
Hopefully this is the first news of a new CSG province.
BUL Price at posting:
23.0¢ Sentiment: LT Buy Disclosure: Held
