BUY 5.56% 1.7¢ bounty oil & gas nl

offshore gas in newcastle herald

  1. 7,063 Posts.
    .. right under a section on how to cook craw-dads, on page 9 there's a huge half-page article reading ..

    $4Bn gas hope off Hunter coastline

    Basically it's the same old story, 1.2 TCF of gas worth $4.08Billion in Sydney basin, off Newcastle ... if successful implications enormous, no need to haul gas from PNG ... could provide alot of jobs .. current delays caused by environmental requirements ... South baleen prospect was originally detected via satellite imagery and recently enhanced by hydrocarbon seeps ... farminee etc

    I suspect alot of spec company directors wonder how these guys can get such positive coverage in the media, even the major resource companies find it difficult! :)
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