Table1. Energy (PJ) potentially recoverable from 12km2 section of the Surat Basin
Total Area 12km2 Total In situ Energy (PJ) Recoverable Energy (PJ) Mining 120 M Tonnes 2400 800 (UCG) 120 M Tonnes 2400+22.8* 1257+22.8* CSG CH4m3 2.175x106 82.6 59.5
* CH4 contained within the coal resource.
Why can't UCG have a tenement large enough to meet the project needs, perhaps even pay the CSG the profit they would make from the 60PJ of gas.
CXY Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held