I think the bigger coys are buying what they know at the moment, Santos know the Gunnedah basin intimately, as do Shell/Arrow with the Bowen basin.
The only company that has explored the Clarence Moreton to any degree is Little Metgasco. Fear of the unknown has a fair bit to do with it... plus we still need approval for this money making pipeline of ours.
Anyone know have anymore details on this at all? Environmental assessment was lodged in december last year with the nsw gov, 9 months later and still no news.
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