and the boxes just keep getting ticked, this from today cnx...

and the boxes just keep getting ticked, this from today cnx announcement newsletter: In particular the part about the galilee basin being the next "major".
In keeping with Carbon Energy's stated strategy to increase our access to suitable
coal resources, on the 27th July we announced the signing of a Heads of
Agreement (HoA) with Liberty Resources Limited to establish a joint venture to
develop Liberty’s thermal coal in the Galilee Basin. We will hold 80% of the Joint
Venture and will be the operator. Carbon Energy will contribute its expertise in
Underground Coal Gasification to assess the optimal development of the resource
and to execute the required development plan.
The Galilee Basin has been identified by many companies as the next major energy
province in Queensland. The Liberty held tenements are in close proximity to
recently announced resource projects. Such projects will create the need for
additional infrastructure such as road, rail and port facilities which, once in place,
will open up domestic market opportunities for electricity, synthetic natural gas and
chemical feedstock.
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