Very much is made of Linc Energy's interests in The Arckaringa Basin but White Energy has more potential at Phillipson, south of Arckaringa.
Phillipson is the size of England and has known reserves of a minimum of 4 billion tonnes of coal, equivalent to 4 billion barrels of oil.
There appears to be nothing in WEC's stock price to recognise this, and they have been drilling there for several years now. They also have a trial pit at Ingomar in the North Rankin area setup in 2001.
Very much is made of Linc Energy's interests in The Arckaringa...
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