EMP 0.00% 0.9¢ emperor energy limited

- Statoil wrote off their Southern Georgina acreage -...

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    - Statoil wrote off their Southern Georgina acreage
    - Chevron/Beach/Icon haven't exactly had earth shattering results in the Nappamerri Trough of the Cooper Basin .
    - New Standard got nowhere with the Goldwyer
    - Linc have got nowhere in the Arkarringa
    - Armour have had mixed results

    So far the potentially massive scale resource plays , many in very old rocks , have not demonstrated commerciality .

    LNG plants are reliant on offshore fields and CSG .

    Until the Laurel formation has been eliminated as a possible massive scale source of gas with associated liquids , Oil Basin's is still very much in the game .
 
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