Yaraka Project ROG 100% potential 95 billion tonnes Coal...

Yaraka Project ROG 100% potential 95 billion tonnes Coal present

Another ROG project, does anybody know when this will begin?

This project encompasses the permit ATP 946 in western Queensland. A farm-in with Resolve Geo gives Red Sky the right to earn up to a 100% interest in phases.

Potential resource of 10 TCF gas-in-place.

Assuming an average coal thickness across the permit of 8 metres, there is a potential 95 billion tonnes present. Given the low rank of the coal, the primary play is biogenic gas. If the coals are found to be fully gas saturated, gas contents would be approximately 3m3/tonne of
coal.

The permit is large (approx 7650km2) and potentially contains a significant resource of Cretaceous age coal of the Winton Formation.

The permit was granted on 16th March 2011.