"Metgasco has demonstrated that the basin is gas charged with a coal seam gas resource covering more than 100 km of strike
Metgasco is utilising new technologies from the US - CBM, Shale and Tight Gas - to bring a whole new basin into play
The conventional exploration story is just beginning. Historically, basin exploration targeted oil. Regionally extensive coal seam gas resource Use of heavy drilling muds masked gas shows in wells First conventional well drilled has delivered a discovery"
Now if the first conventional well drilled delievered a discovery, what the second?
Land RUSH! And little old KOG has done well to get this.
KOG Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held