For anyone that has got a spare 5-10 minutes this Easter take the time to look at the following link to a presentation by European Gas in February this year.
http://www.europeangas.com.au/pdf/EuropeanGas_February2006.pdf
Huge - really huge gas reserves in France. Further permit applications for fields in France and Italy with massive potential. One drill in France detected gas flows of 3.5 million cu feet of natural gas (methane) a day.
Established pipeline infrastructure throughout Europe and close to European Gas's resources. A free market. High gas prices (much higher than Aust).
Drilling to confirm reserves and establish pilots in the next 2-3 months.
Actual production forecast early 2007.
This company is looking good, very very good.
I am an investor, not an advisor. Cheers
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