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Interesting link regarding the recent presentations of MMR and BUY in relation to the 16tcf target at PEP 11.

http://www.youtube.com/watch?v=UZm47SrmuwM&feature=related

I still don't understand lepanic, GDN is in america and MMR AND BUY are going to build sydneys north west shelf equivilant to supply sydneys gas requirements until 2060. How about you read the MMR presentation first before upsetting everyone. Its a sure fire $12 billion maker!!!!

They are funding it with about 30 million (combined cash of advent capital raising plus buy and mmrs cash a bank. The price of pipelines and gas plants must have fell alot during the credit crunch. Oh but hang on they need to find that 16 tcf that has been camped on sydneys doorstep for so long that no one else has been interested in drilling it and making 12 billion. 10% chance is a certainty isn't it.

Back the broncos tonight lepanic make 46% interest. They will win easy.
Back Denman at rosehill on saturday at around $2.60.

Have a good weekend