BAS MOG SER

re: Ann: BAS: Review of Contingent Resources ... Gas producers...

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  1. raiderup
    17,248 Posts.
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    15/05/13
    07:15
    Post #: 11764343
    re: Ann: BAS: Review of Contingent Resources ... Gas producers cash in on looming shortfall in the east


    THE cost of Bass Strait gas continues to rise as southern producers take advantage of a looming shortage of eastern Australian gas driven by Queensland's planned coal-seam gas export plants.

    Lumo Energy will buy 22 petajoules of gas from Exxon and BHP, which industry sources say have been the most aggressive of the gas suppliers in chasing export parity pricing.

    http://www.theaustralian.com.au/business/mining-energy/gas-producers-cash-in-on-looming-shortfall-in-the-east/story-e6frg9df-1226642442834

    Can only mean more money for SER.

    Raider
    SER Price at posting: 3.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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