PostersI am particularly interested in EPG and am looking...

Posters

I am particularly interested in EPG and am looking closely into coal bed methane (CBM) here and overseas.

So far I am aware of PGS, QGC, CHX, ESG and SGL here in Australia. I am also aware that BHP is divesting its CBM assets to more nimble players as the resource is generally to diverse for the worlds largest miner.

Distribution companies like Origin have done deals with Australian eastern seaboard producers or imminent producers.

MBL are a 47% equity partner in CHX and have given a reasonably substantial debt facility to PGS.

Is anyone else out there having a good look at CBM assets and players? I suspect CBM may have been a forgotten resource that is being looked at a lot more closely here and overseas in recent times.

I am keen to hear other views and will probably post my CBM views mostly on the EPG thread as I am pretty convinced it is the pick of the bunch at the moment due to apparently large GiP estimates in the midst of energy hungry Europe.

Cheers
Poyndexter