Read the AJL chairmans's address this morning...
Looks like all of Gloucester could be sold off to one party.
"Lucas maintains a portfolio of unconventional hydrocarbon assets in Australia and overseas. We are in the process of realising two of the Australian coal seam gas assets in separate processes managed by the company’s advisers, Goldman Sachs JBWere. There is much interest in these assets as they are of high quality, well situated and strategic in terms of both the export gas market in Queensland (APT 651) and the
domestic market in New South Wales (PEL 285). We expect these assets to be disposed of during the coming months."
gloucester sale
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