ROG 0.00% 0.8¢ red sky energy limited.

"The Walloon Coal Measures are overlain by the distinctive...

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  1. 976 Posts.
    "The Walloon Coal Measures are overlain by the distinctive medium to coarse grained Kangaroo Creek Sandstone. This is in turn overlain by the Grafton Formation" - Dept of Minerals.

    " Demonstrated productive potential
    of Kangaroo Creek Sandstones"
    -RG

    There is no commercial gas in the KCSS (they may have got a whiff) but ROG can't say this because they have no cash to drill any deeper where the gas actually is.

    Any talk of shale gas is absurd. Nymboida ain't shale.

    It costs $6m to drill where the gas is and that's wot ROG are worth - I'm helpless with mirth.

    hs
 
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