gas gas lots of gas, page-10

chumpinater,

i'm not saying they should ignore the oil.

i am saying that they need to dedicate this first drill rig to defining the cbm potential of the perdika and prove up a resource....if they are fortunate to have an oil target below the coal then it should be the secondary target.

the potential of blamore to host significant ammounts of cbm has been lost on the market because it has been marketed as being an oil target.

exploration is expensive and i would much prefer they defined 1 resource over the course of 6-12 months and the most prospective play at this stage appears to be cbm thanks to 60 odd meters of coal intersected at blamore.

when a third rig is contracted they can test their oil, gas or helium leads.

oil below the coal is a huge bonus but should be marketed as secondary targets.

we may still have oil at blamore but the coal intersections and gas readings appear to have been ignored.

cheers