This all appears to fit like a glove with the following extraction from pauljones post this morning...
"The strategy is all about holding as much CSG prospective acreage as possible and then doing enough resource definition drilling work to create a CSG resource bank that the CSG majors will have to acquire at some stage.
We know that the CSG majors up Queensland way will have to deal with the juniors holding CSG resource banks because the majors simply don't have the resource base to underpin - in the long term at least - their grandiose CSG export plans."
I'm not very familiar with how many other players hold CSG tenaments within the same area. Can any of our regulars on here add their own thoughts please
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