macquarie report on beach, page-3

rexsh,

Here is the link and the extract - very interesting...

http://www.beachenergy.com.au/IRM/Company/ShowPage.aspx?CPID=2515&EID=71152932&PageName=Macquarie%20Equities%20Research

"It also interesting to note that preliminary analysis highlights gas composition is similar to the conventional gas produced from Cooper, suggesting the possibility of liquids, which is likely to dramatically improve economics."

I note that US drillers are concentrating on shale gas with liquids because of the low gas price there.