The Old Slight of Hand, page-2

Yeah, bit of a strange one.

I think that anywhere there is a potential biggest Conventional gas find in the state for 100 years is worth looking into and tapping if the right approvals are granted by the Govt. You can't be choosy when it comes to that sort of thing in a gas starved state with people being opposed to unconventional and CSG. For the greater good of the community.

MEL is a good investment as it has a heap of gas found through the correct legal processes over the past 10 years or more from 50 or so wells drilled and only one really opposed at Doubtful Creek.
The only problem has been the Govt continually changing the goal posts and creating Sovereign risk and opening themselves up to legal scrutiny and now having to pay compensation for it.
Very very bad decisions in the end by them and the Greenies as it was all over what was clearly a Conventional exploration well. ie; to get a better understanding of what may or may not be there.