Replies to post #2587 on The Rising Influence of Rising Affluence

[DFRAI]

Oakescs - that was pretty funny, however

there are some major players in Indonesia developing CBM - BP, Exxon, Eni, Dart Energy, i dont doubt they have CBM - the question is how much and if commercial etc

anyway, i slowly built up a sizeable position. will see about staying power and fart volumes later.

[DFRAI]

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.