ROG 0.00% 0.8¢ red sky energy limited.

erm farm-in, page-13

  1. 22,120 Posts.
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    Notice ERM Power are active with their WA exploration interests and JV partner EGO they've been buying EGO shares on market

    Would be great to see some updates to do with ROG

    http://www.ermpower.com.au/gas

    "GAS
    ERM Power is a successful gas explorer in the west of Australia and we have expanded our exploration to the east of Australia.
    On the west coast, we hold equity interests in eight petroleum exploration tenements covering in excess of 10,000 km² in the Western Australian Perth Basin, which include conventional gas, condensate, oil and shale gas prospects. We have made two commercial-size discoveries, negotiated a gas sales agreement with Alcoa and expect to bring these discoveries into production in the 2013 financial year. The operator, Empire Oil & Gas, estimates combined recoverable gas and condensate of 30 PJ and 2 MMBO respectively.
    On the east coast, we have an interest in conventional and CSG gas exploration prospects in the Clarence-Moreton Basin in Northern NSW. We have agreements with Red Sky Energy (ASX: ROG) and Clarence Moreton Resources to farm into tenements that have certified 3P reserves of 380 PJ.
    The staff in our gas business are experienced in gas wholesale and retail markets, regulation, trading, geophysics, reservoir engineering, pipeline construction, and process plant design and construction, and operations."
 
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