Where is the view that our dependance on imported oil is more destructive a force than the drilling of aussie coal seams for gas? It is one thing to oppose dirlling our soil for gas, but then is it okay to destroy other peoples countries for oil which we are so dependant on? Coal Seam gas is still an expensive way to get gas but what is the alternative? $200 per barrel of imported crude oil is coming sooner than people think. Most of my Coal Seamers are now gone under the hammer, and I took the proactive role in doing nothing to stop it. I don't even vote in their re-actions when it comes to the board vote, pretty dumb heh!

ESG .... gone

BOW .... gone (luckily i sent in a direct credit form, looked and there it is)

Now what? Santos becomes sole owner of Coal Seam assets in OZ? or is that Arrow?

coal seam gas in the cooper basin could be the next takeover flush.

shale in cooper is the new story, but coal seam is there with todays drilling rigs cheap, and the infrastructure of the cooper is nearly american in quality and extent.

the Qld election has brought local CSG issues to the fore.

with some opposition (though overhyped, if exit polls were anything to go by - a bit of a non-issue to most voters apart from the 1%) the Katter party gained little traction, the greens actually went backward (a normal state for them) but the Libs aren't as 'naturally prediposed' to CSG as Labor was.

the press is pointing towards negotiated settlements, whereby compensation is paid to landholders, to be 'full and fair' for the impact of their wells, including cost of production (and, some say, time taken to negotiate, which is an encitement for the ambo-chasers to do some meaningful interfacing).

Earlier reports I had seen for compo had been a bit derisory, if it was previously $250 per well per year, so some of the current 'anger' can be deflected by appropriate payment. (the cyncical may say "wedge politics' and "buy them off".)

The other issues still remaining relate to water, both aquifer depletion and waste water generation/ disposal. For the former, assume the scrutiny and checks on casing & cementing off may be more stringently enforced and for the latter, technologies such as CLQ may come to the fore.

all in all, it is going to cost more, with 30,000 wells slated in the next decade.