GAS 0.00% 4.4¢ state gas limited

coal seam gas

  1. 134 Posts.
    "CSG juniors" will be in serious huge demand as Santos & other majors now scramble to increase their reserves & tenement acerage in the Surat & Bowen CSG basements of QLD & to a lesser extent NSW.

    BGC-British gas corps. $13 BILLION for ORG. at a 40% premium only underpins the "Undervaluation" of OZ csg coys.

    Blue Energy - BUL- are a junior with huge potential & currently just began an intensive drilling programme.

    * 2nd largest CSG portfolio in Aust- 100% BUL

    * 67,000 km2 PNG gas & oil leases- 100% BUL

    * Cooper Basin gas & oil leases-JV farmins

    * Technical management EX - QGC

    * $30M Bank

    * Istitutional holdings ~40%

    * drilling intensively ATM

    ** currently @0.27 -not for long.

    STO , ORG , QGC & AOE....."WILL NEED" their massive resource bank....


    ** So huge leverage or a T/O @ considerable premium.**

    "40% premium for ORG -on first offer"

    Don't hesitate & find yourself lamenting the missed opp. of a watershed event.


    ** View coy presentation on BUL site dated 22-2-08.**




























 
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