MEL 0.00% 0.3¢ metgasco ltd

Ann: Quarterly Activities Report and Cash Flow , page-11

  1. 1,087 Posts.
    re: Ann: Quarterly Activities Report and Cash... "I'm pretty sure the "tough NSW CSG regulations" does not apply to conventional gas and hence does not apply to Rosella."'

    I think it is quite likely that the csg regulations as regards to water use and disposal is relevant to Rosella.
    Also although the gas is conventional, it is also tight gas and the wells will need fraccing from my understanding of the company's report.
 
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.