Lucky bill if you read through there announcements LMP havebeeen...

Lucky bill if you read through there announcements LMP have
beeen approached by significant parties to buy all the gas they can supply Here is the extract for the release on the 22/5
The coal seam gas potential of New Zealand has gone unrecognised for too long. Initial indications are that our Southland permits may have the potential to contain some 300 Bcf of
coal seam gas. New Zealand gas pricing is well in excess of comparable Australian levels and
we have already had expressions of interest from significant parties who are prepared to
purchase gas from any future production output.
We believe our coal seam gas exploration programme has the potential to deliver sizeable gas
reserves to L&M with a relatively low level of exploration risk and we will be aggressively
pursued