The price of oil and gas are not linked.
Many of the big industrial in NSW run on gas. They cant just click their finger and change to oil or fuel, it doesn't work like that. That is why the Australian Competition and Consumer Commission (ACCC) is trying to encourage exploration for gas to alleviate the costs for the people who live in the East
If Advent get the approval to drill this monster you'll soon see the demand for gas. They will have partners banging down there door to get in on this drill. 6TCF. Not a few million or even 1TCF, but 6TCF my bro.
If they hit gas it could be the largest discovery in Australia. There is no reason they can't just because they are a little company.
If they can get the approval and the money to put a drill in that target experts have already said it could hold that much gas. The rest is up to fate and luck.
It could be a life changing drill for some shareholders.
The price of oil and gas are not linked.Many of the big...
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