Hi, Zadig :) I think it's time to be more detailed on EPG. I...

Hi, Zadig :)

I think it's time to be more detailed on EPG. I agree that there is cost issues and environmental issues. And I can not tend to neglect the financial reports. And we want to see the whole picture at least. Probalbly we have our own bet systems on EPG. That's why we continue to take EPG's clothes off.


It's said that EPG is the largest coal seam gas explorer of Europe. So I think more comparisons are necessary to judge our decisions made on EPG. How will a relativly big company with probably higher operating cost in gas industry go?

FMG nearly broke last year, then it coorprated with Valin. And we saw the share price change. FMG carries high cost in exploring iron ore.But then etc.

Well, we have to discover more details. Unfortunately, I'm a pupil in the below fields. I can only guess the hints for further discoveries.

1 Black warrior basin seems to be a hot topic. There is an assay
"Hydrodynamics of coalbed methane reservoirs in the Black Warrior Basin: Key to understanding reservoir performance and environmental issues"

It locates at
http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6VDG-4NSX007-1&_user=10&_rdoc=1&_fmt=&_orig=search&_sort=d&_docanchor=&view=c&_searchStrId=1012311434&_rerunOrigin=google&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=b5c9099f6362b6de4f58cce1ba61ea7b

2 San Juan Basin may serve as another example.

3 In " Oil and Natrual Gas" 1994,92 edition
It's said Winsor, Conco and Union Texas did some work in Lorraine. Kelt explored in Alea. Kelt considers that the csg reserve is truly rich in France.

The companies' performance may be compared.

At current stage , I did not find other example to do comparison, I hope anyone can illustrate.

I know little on csg or geology. Really hope you guys can show the ideas.

Cheers