Corp
have a listen to the latest preso on BRR.com.au or their website.
worth viewing the website anyway. One of the best and most comprehensive
"supplying gas customers in SE Queensland where we have MOUs in place to supply approximately 150 Petajoules of gas over the next 20 years. We are developing pipeline infrastructure to deliver this gas to customers."
They are selling conventional and proving up CSG.
ultimately MEL will get taken out. But the mgmt appear quite sharp and in the meantime they have a plan to sell gas.
They already have a contract with BP if reserves reach 360 2p. i'd say that BP might just gobble them up.
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