BAS 1.67% 6.1¢ bass oil limited

Ann: Pause in Trading, page-119

  1. 163 Posts.
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    hi Jak. Can you pls elaborate on what you mean by this isn’t a discovery, this is not a conventional sandstone like discovery- there is no discovery in unconventional hydrocarbon resources. You are dealing directly with the source rock or in this case coal seams. they have located a deeper gas adsorped coal seam layer with a clear flow rate potential in excess of most of the CSG wells that I have come across in the Bowen and fairway basins that are feeding most of Aus eastern state LNG plants. Not sure I understand the concern there?
 
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