SXP sapex limited

Coal Seam Gas (CSG)Plans will be put into place to drill coal...

  1. 349 Posts.
    Coal Seam Gas (CSG)
    Plans will be put into place to drill coal core-holes to measure the gas
    content in pursuit of Coal Seam Gas.
    Based on reports submitted to PIRSA by previous coal explorers, there is
    an estimate of 32 Billion tonnes of sub-bituminous coal (pre-JORC basis).
    This is the basis for a potential of 10-30 Tcf of CSG in place in the
    Arckaringa Basin. The coals in this basin have never been tested for gas
    content.
    It is planned to initially drill 4 core holes in the Arckaringa Basin and 1 (with
    3 contingent holes) in PEL 120 located in the St Vincent’s Basin north of
    Adelaide.
    Coal
    Consultants are already conducting a study on the available coal data to
    move towards a JORC compliant resource.
 
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