OAKESCS
WOULD 4-5 billion cf per square mile be a reasonable gas amount for a CBM operation? CBM Asia is going to release results from 3 wells and reserve report in the next few days, weeks. The tickness of the coal deposits is about 90 feet for Sekayu. More technical measurements are forthcoming.
The have between 1-3 trillion cf of gas, and we should know in due course their fate. Holding a 6 figure position.
I am neither an oil/gas or biotech background, so i dont have anything to back it up with. I realize they are short on cash, short on execution etc. However at .17 when i mentioned, it was worth the risk, it still is.
