Moneytree,
the tenements hold way more gas than certified. I live in Hervey Bay in the heart of the Maryborough Basin, and we are sitting on huge coal and coal seam gas deposits.
Gladstone is just 250 - 300 km away, even a blind person can see that the big guys ( BG, BPT ) may now look a bit more at BUL regards a t/o.