BIG article in AFR today on Coal seam gas with mentions of ECU (Pg 18). Some quotes:
- QLD's...juniors...closer to completing sales contracts.
- 2 have achieved production from pilot projects
- if...successful...tapping gas deposits...create another major energy source for Australia.
-[ref to companies] still to small to attract...analysts...but...eye on them...as projects becmoe commercial
- increasing acceptance of the gas...source
- Eastern Corp is pumping water out of a test project drilled...by galilee energy. Previous technical probems had been solved and ECU expected to start producing gas as earl;y as the end of this month.
The article goes on to discuss other companies as well, as well as nsw.
Cdchi1
ECU Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
