In The Australian yesterday; the head of ExxonMobil is looking for new gas fields in Bass Strait, because his current producing fields are running on empty. He also has a stake in the future LNG import terminals planned for the Victorian coast. In his opinion gas is running out and it is very difficult to find new prospective gas tenements for exploration. I also wonder where you could possibly find those kind of tenements... As a long-time TDO holder I really, really wouldn't know...
Ann: TDO December Quarterly Activities Report and Appendix 5B, page-5
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