Resource estimate 1.7bill tons of inferd resource - coal
in only 2 licences
Possibly 2 trillion cubic feet of coal stream gas in these 2 licences.
Currently doing work to prove this gas resource
There are quite a few licenses available for explorationas part of the PEL's
Huge upside
Sizmic date should come out in October
Currently establishing the potential Gas content in the two licenses.
Announcement is very close.
According to CEO the whole basin could contain not a couple of trilion feet but could be 20 trilian feet.
huge upside
do your own home work to realize this potential
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- potential for huge amount of gas and oil
SXP
sapex limited
potential for huge amount of gas and oil
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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