Dart acquires highly prospective exploration licence in NSW Australia
? Dart acquires PEL 445 in the Clarence Moreton Basin, NSW
? Significant potential gas resource to address expected domestic gas shortages
PEL 445 covers an area of approximately 7,100 km2 and is located in the Clarence Moreton Basin (“CMB”) adjacent to the border of NSW and Queensland, and to tenements held by Metgasco and ERM (see map below). The CMB represents an extension of the productive Surat Basin into northeast NSW. In Metgasco’s CMB licence areas, which are of similar size to PEL 445, 3P and 2P gas reserves of approximately 2,500PJ and 400PJ respectively have been booked
http://asx.com.au/asxpdf/20130205/pdf/42cv79fxpqby0d.pdf
dart new neighbour for mel
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