"These tests in the Latrobe Group show that hydrocarbons are clearly present in the
onshore equivalents of the offshore producing fields in Bass Strait."
"Following the successful testing of the Strzelecki Group during the previous week, evaluation of the electric logs by our US consultants indicates that the entire Strzelecki Group section (1350-2500m) appears to be gas saturated and most of the reservoir sands contain tight gas."
At last they could be onto something imo!
I have noticed that in the last few weeks some significant deals from some of the larger players have occurred in tenements surrounding the LKO plays.
Cheers, Pie (:
wombat 4 drilling completed - tight gas dis., page-2
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