It was reported in Saturday's Courier Mail that the QLD Government will release more land for gas exploration. It has opened up 6600 sq. km of land of which 900 sq. km is to supply the Australian market only. Resources Minister, Anthony Lynham, said companies can bid for the right to explore for gas southwest of Chinchilla in the Bowen and Surat basins.
Will Senex bid or has the Company enough on its' hands without taking more on?
SXY Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
