Hi Guys,
Did some research on this 2 or 3 years ago.
The new deal in the Galilee basin for ATP1015 seems to be in the correct spot according to the QLD gov't geological profile of the area for coal seam deposits. You'll have to google that information as I didn't keep a copy.
As Gladstone LNG plants progress this resource could be more valuable but will need pipeline connection - I believe that there is a new line just connected that crosses the southern most section of the basin, again google that.
Overall however sentiment towards CSG has soured in the last 2 years - look at DTE.
This has lots of potential but EXE is nearby and seems to have more conventional value and shale gas to boot. Currently drilling for Oil at Katherine - west 1.
GLTA Vx.
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