2012 expectations?, page-5

i dont think the market is aware of SNE...but for what its worth

EIA did a study one only a few basins

Cooper
Canning
Perth
Maryborough

so money has flowed there...

BPT did a study and came up with Cooper and Otway as most prospective,Canning had very little data to go on

Now if and when the market wakes up to the fact that Otway basin is prospective SNE will be worth five times the amount ..

read the quartleys 14- 48tcf potential..high liquid/gas the key

so whats next after spending a year or so picking up ground.
well they need to drill the best target
then you might see that as most other basins are fully priced a rush of activity