Taken from the quarterly The PEL 570 block is the key focus of...

Taken from the quarterly

The PEL 570 block is the key focus of Ambassador’s exploration efforts after identifying potential gas in place of up to 20 trillion cubic feet contained in unconventional rock and coal seams. The permit is situated in the gas prone Patchawarra trough which is characterised by low-C02 levels and higher liquids content, particularly in the northern regions of the basin.
Unconventional exploration in the Cooper Basin for both natural gas and petroleum liquids including oil, is accelerating rapidly. The recent performance of Santos’ Moomba 191 discovery highlights the basin’s significant shale gas and unconventional gas potential.
The Cooper basin has been recognised as a world scale unconventional gas resource that is connected by export infrastructure to both domestic and export LNG markets. Interest in Cooper assets has been heightened by the current wave of corporate activity surrounding takeover target Acer Energy as well as positive exploration results by other unconventional gas explorers. .

So who do you think will eventually farm in?