good start to the day, page-16

SF

I do think there is a chance STO will takeover BOW, STO can share AOE's Gladstone Gas Pipeline.

BOW's Vrmont prospector looks very interesting, the main target in this area is Moranbah Coal Measures(AOE's drilling on west of vermont was very encourage, they found high gas contents in MCM) BOW's first drilling hole found 18.7m in Upper Fort Cooper , that could make total coal seam mare than 50m thick.

Vermont area is about 100 KM2 , Blackwater is about 200km2,but total coal seam thick is only 21m, so Vermont's 3p reserves can be as same as Blackwater's, or even more.