Claren Energy Corp (CNENF)

[molikai]

I did just come across this article however:

http://www.epmag.com/australia-holds-opportunity-712821#p=7

Contains a different point of view:

While CSG has attracted the attention of BG Group and others, other unconventional hydrocarbons – including shale oil and gas as well as tight gas – are beckoning others to the region. The Cooper/Eromanga basin has proven to be a productive play trend straddling the South Australia/Queensland border.

“In that proven productive play trend, where people have acquired 3-D seismic, 56% of the wildcat exploration wells have found oil and an average of 2.5 MMbbl,” said Barry Goldstein, executive director for the energy resources division of South Australia’s Department for Manufacturing, Innovation, Trade, Resources, and Energy.