Sapex says there's potential for 10 - 30 TCF of coal seam gas in the Arckaringa Basin.
Origin says 1 BCF = 1.045 PJ
So, 1 TCF = 1,045 PJ, 10 TCF = 10,450 PJ and 30 TCF = 31,350 PJ
Origin, the largest holder of coal seam gas reserves and contingent resources in Australia, has 3P (proven, probable and possible) reserves of 10,122 PJ, a contingent resource of 13,497 PJ and prospective resources of 17,947 PJ.
Obviously it’s early days for Sapex and we don’t even know the gas content of the coal; it's in the middle of nowhere with no infrastructure or pipelines. But 10 - 30 TCF is a lot of gas!
- Forums
- ASX - By Stock
- possible 30 tcf of gas
SXP
sapex limited
Sapex says there's potential for 10 - 30 TCF of coal seam gas in...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online