ESG 0.00% 86.5¢ eastern star gas limited

eastern australian coalbed methane supply

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    Hi All, A bit of bed time reading from the OIL & GAS JOURNAL



    Eastern Australian coalbed methane supply rivals western offshore conventional resource

    May 2, 2011

    Rick Wilkinson
    OGJ Correspondent


    Dubbed "girlie gas" by skeptics in the early 1990s, Australia's coal seam gas (CSG) sector has risen in the space of 2 decades to be one of the country's major energy resources, particularly in the eastern states.


    The numbers are huge. The estimated potential in situ CSG unconventional resource contained in eastern Australia is on the order of 418,000 petajoules or 400 tcf (where 1 petajoule is equivalent to 0.957 bcf). This resource lies primarily in the Surat, Bowen, and Galilee basins of Queensland and the Sydney, Gunnedah, and Clarence-Moreton basins of northern New South Wales.


    For rest of this long article & graphs follow the link.

    http://www.ogj.com/index/article-display.articles.oil-gas-journal.volume-109.issue-18.exploration-development.eastern-australian-coalbed-methane-supply.html.html

    Cheers Mattocks
 
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