MEL 0.00% 0.5¢ metgasco ltd

Gas swap. Could answer a lot.Metgasco has plans to supply gas to...

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    Gas swap. Could answer a lot.

    Metgasco has plans to supply gas to Ipswich (near
    Brisbane)
    Gas supply to Ipswich may be delivered to
    Gladstone via pipelines or able to be swapped
    with existing gas producers in order to allow first
    LNG in 2014/5
    Metgasco has adequate 3P reserves for at least
    one 1.5 mtpa LNG Train (2,542 PJ 3P reserves)
    Metgasco has the largest uncontracted 3P reserve
    base on the east coast of Australia
    Metgasco gas reserves compliments other gas
    supply options
    LNG Ltd and Metgasco entered into a MOU to
    undertake a joint review of gas supply to the
    Gladstone LNG Project Fisherman’s Landing
    LNG LTD is the largest shareholder in Metgasco
 
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