deal with bp

interesting article in todays fin review (p16).

Talks about the memorandum of understanding signed between MEL & BP back in 2007. Here is part of the article:

"....BP and Metgasco are believed to still be working on the agreement, and discussions are supposedly intensifying. BP is also apparently eyeing the conventional gas prospectivity beneath Metgasco's coal-seam gas, floating the rather fanciful prospect of using both sources as feedstock for an LNG plant at Bulwer Island".

One stock for my watchlist and it sounds interesting