Does anybody know what is happening with Yaraka?
Yaraka Project
Red Sky is farming in to earn up to 100% in ATP 946.
Initial exploration to comprise two core holes.
Targeting Cretaceous Winton Formation.
Winton Coal Measures are present from surface to depths of 800m and with a likely thickness of 400-600m.
Net coal accumulations (based on available data) likely to be in excess of 15m in some areas.
Potential resource of 10 TCF gas-in-place.
Permit is well situated to tie in to proposed pipeline network to supply Gladstone.
Sentry Petroleum Limited soon to drill permit to immediate north.
potential of 10 tcf gas-in-place. 15m net coal
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