epg details on fut permits

some more good copy from Zadig over at EPG forum...copy and paste links to see the geography of the tenements mentioned...it's looking like a hot bed of activity with Queensland gas, now owned by British Gas looking to cover the flanks...I think they are a bit pissed EPG got the better permit in Gardanne IMO...DYOR...good to understand what FUT were thinking perhaps...


EPG's "Gas de Gardanne" permit is located right between Schuepbach's application (Brignolles) eastwards and Queensland's application westwards (Provence).

FYI Gardanne has not been renewed yet, process is ongoing. There seems to be local resistance but Paris should supersede.

Another matter of interest for EPG shareholders is p18. EPG is asking for a new permit to cover the area between its current Lorraine permits and the german border.
Another permit = another financial commitment for EPG. Really useful ?

For those who like big posters (I mean wall posters, not overweight guys):
http://www.developpement-durable.gouv.fr/energie/petrole/pdf/bull_beph07082009.pdf
Unfortunately it's not updated but you can have a better idea of french geography and location of the permits.

I invite you to read the special issues of the BEPH http://www.developpement-durable.gouv.fr/energie/petrole/pdf/bull-beph_bilan2007_ang.pdf and http://www.developpement-durable.gouv.fr/energie/petrole/pdf/bull-beph_bilan2006_ang.pdf

They is a lot of usefull informations regarding oil&gas EP in France. One the many conclusion I have drawn is that the easy time to get permits is over.

The competition is becoming fierce and some area are coveted by up to 5 applicants. Financial and technical credibility will be a major advantage inn the race and defiance a definite millstone.

Hope this helps.

Cheers
Z.