I have been doing some research on the leases EPG hold and the one they should be granted.Some fact finding regarding the (Lons le Saunier)
(EARNING 100%)
Central France
The Lons le Saunier area is a combination play of CBM and Tight Gas (‘TG’) which covers 3,740 square kilometres of central-eastern France.
Exploration drilling identified a coal resource close to the town of Lons Le Saunier and a resource of several hundred million tonnes has been outlined by drilling. The coal was never mined due to the close proximity of the reserve to the town of Lons le Saunier and its extreme gassy nature. Gas production was recorded from a Jurassic limestone unit which overlies the coal measures. In the northeast section of the permit a single production well Valempoulières #1 produced up to 100,000 million m3 per day (3.5 million scf per day) from the Jurassic limestones. The presence of gassy coals over a wide area suggests that the Lons Le Saunier region could become a major CBM producer
THE ABOVE GROUND HAS THE POTENTIAL TO BE A COMPANY MAKER BY IT SELF
Tuscany (EARNING 75%)
Central Italy
Application has been made for four research permits for hydrocarbons in central Italy. The applications cover in total 1,800 square kilometres and are over four sedimentary basins containing Miocene coal measures. This is also the site of conventional geothermal activities and the area generally is one of enhanced heat flow. The heat flow has had the effect of accelerating the coalification process and one result of this is that the young Miocene coals are in the methane generating window. Mining for coal in the area has been sporadic and was discontinued in 1959 shortly after a large methane gas explosion killed 42 people. In several other places in all four application areas exploratory mine workings have encountered methane
TUSCANY DATA ONCE AGAIN SHOWS THIS GROUND HAS QUALITY WRITTEN ALL OVER IT.TAKE NOTE THE ENHANCED HEAT FLOW DATA COLLECTED ALL BUT ENSURES STRONG PRODUCTION FLOW RATES.The success rate on cmg drilling and discovery is very good
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I have been doing some research on the leases EPG hold and the...
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