OIP 0.00% 4.3¢ orion petroleum limited

Under the heading "ASIC regulatory guide 11"MCS (the independent...

  1. 3,890 Posts.
    Under the heading "ASIC regulatory guide 11"

    MCS (the independent expert) states:

    "These coreholes failed to find a single thick coal seam that is capable of being commercially
    developed for CSG production" refering to PELs 6, 427, 428.

    How is it possible they can possibly know this information? As far as I am aware the information relating to the gas content of the coals has never been released. Further, I'm pretty sure excuses have been made re labs being backlogged etc... for not being in a position to acknowledge this information. Does that data now miraculously exist? Why hasn't it been disclosed prior to this meeting? How and where did the independent expert obtain this information?

    Am I mistaken or has the gas content been made available from the corehole drilling via other reports?

    JT
 
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