Total, no experience with CBM. True (partially) that's why when they apply for permitting in France in the former Alès coal mine area they do it with Devon Energy Corp who has plenty of experience. FYI Total has got a permanent group that keeps an eye on unconventional O&G, they are not fresh starter in the business.
Well, you aussie are born CBM drillers... isn't EGL management aussie? :-))
Last but not least. Be aware that Gazonor production permit is not valid outside the perimeter of gazonor. If EGL wants to produce anywhere else they have to apply for a production permit. What they currently have in lorraine is a PERH, that is an exploration permit. They can produce/burn the quantity of HC needed for testing but not a cft more. They are not allowed to commercialize with a PERH.
True, there is a main european gas pipeline running in Lorraine, but leaving close to a railway doesn't mean that you are allowed to step in and the technical requirements for injecting into a major pipeline are understandably drastic. Moreover and pragmatically, you must have enough of good quality gas to inject, this is what EGL still has to prove as far as I know.
EPG Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held