This is not targetting coal seam gas, this is targetting much larger deep, thight "Basin Centred Gas" in Bowen Basin, below the Surat. Seehttp://domepetroleum.org/assets/dome-prospectus-.pdf
If you like this play, then HPR is a much better leverage with 2.125% royalty on PL 101 and 2.5% on Shell operated PL 171 and ATP 574.
Shell and Santos announced last week a new JV to explore this deep play, Santos said "several tcf"
I think CSM is failing to produce, more gas required, it will come from deep play under existing infrastructure (like Peat in PL 101)...
This is not targetting coal seam gas, this is targetting much...
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