moving more good news
The following factors seemed to have 'missed out' from the end of the article.
Sydney - Monday - November 6: (RWE Australian Business News) -
Pure Energy Resources Ltd (PES) has been named the Preferred Bidder for
permit ATP852P, and has been granted permit ATP831, both in Queensland.
The Queensland Government have advised the Company it is the
preferred bidder for permit ATP852P.
The permit block covers an area of approximately 1050 km2 of
highly prospective acreage, and has been acquired primarily as a coal
seam gas (CSG) exploration permit.
The permit further expands Pure's already extensive CSG acreage,
and moves it into the Walloon CSG Play Fairway which is proven to be
productive and prolific in nearby fields and close to existing
infrastructure and markets.
The Company believes the permit has excellent potential for
exploration, appraisal and development of CSG, given the following
factors.
PES
pepper residential securities trust no. 21
