PGS have the resource it's proven, check out the annc
the thing here is that they have to erect well heads,
water & dewater, then produce. this takes time. in the
US the market for CBM is mature in OZ it's in it's infancy
so to appreciate an investment you must understand
the product & market. Santos spent $ 650 mil on CBM
assets here & the US last year. I think they can see the
merit in CBM. Coal Bed Methane gas.
PGS have the resource it's proven, check out the anncthe thing...
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