hey grange, amelius, sav, robj5
I really like Johns' comment today:
“Our exploration programme for 2008 is well and truly under way now” said John Heugh, Central’s Managing Director today. “Blamore and CBM93001 showed some truly impressive results with indications of a 50km wide swathe of thick, often gassy coals for future CBM assessment as well as underpinning the fundamentals required for meaningful petroleum exploration in the Pedirka Basin. Our first CBM well has been completed and suspended as a potential producer pending relevant permits from the government and dewatering”
I interpret that as a successful cbm campaign, which we will further investigate. Likelihood of a massive cbm area is high, but not 100% certain at this stage.
Im sure NT government will assist us with permits, so CBM is in the bag.
Looking forward to simpson spud end of this week or early next week. Would be sweet to find some black gold to finance our GTL plant.(look out LNC, here's competition)
cheers, good luck to all holders
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