Some of Andrew Andrejewski's comments I found interesting concerned:
* Forecasts by the SA Centre of Economic Studies for a five fold increase in South Australia's energy demand by 2020, due to mineral projects
* Coal seam gas falling under the Petroleum Act. Sapex has rights to CSG for the entire basin. Other companies with (mining) exploration licences might ultimately mine their coal but don't have rights to the CSG
* The Arckaringa and Cooper basins were probably one basin originally. Later the Arckaringa was uplifted. Target areas for oil are at around 1,500 metres
SXP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
