Looks like STX aren't new to the CSG game either, they started...

Looks like STX aren't new to the CSG game either, they started back in 2004 and vended their CSG assets into COI so they're definately not noobs at this CSG game




Australian Coal Seam Gas
Strike Oil’s coal seam gas (CSG) interests include 8.75 million shares in Comet Ridge Limited and its 66.7% ownership interest in the large, strategically located Southern Cooper Project. The Comet Ridge holding is retained from Strike Oil’s original founding and ASX listing of the company in April 2004. The value of this
holding has increased from approximately $0.9 million (at $0.10 per share) at the start of the quarter to approximately $3.4 million (at $0.38 per share) at the 28 April 2009. We will continue to monitor the development of Comet Ridge following its merger with Chartwell Energy Limited, in particular how the company’s new management capitalises on its extensive CSG assets in the Bowen and Galilee Basins in Queensland and the Gunnadah Basin in New South Wales, as well as the overall level of capital market support for CSG as an important new energy source.

Our Southern Cooper Project is calculated to have 8 to 20 Trillion Cubic Feet



Thanks for the chart too Gizard, was about to ask for one when I saw yours : )