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Red Sky Energy sees upside potential as New South Wales decision on Talma CSG pilot draws near
Date: 03-Feb-12
Author: Bevis Yeo (Proactive Investors)
Red Sky Energy (ASX:ROG) has confirmed the strong upside potential in its Clarence Moreton Basin coal seam gas noting its share of contingent resources in PEL 457 stands at 188.7 petajoules.

At least part of this resource could be converted to reserves status once the company receives approval to drill the Talma pilot production well, which targets the highly prospective Kangaroo Creek, and carry out a long-term production test.

This will also add to the company's existing proved, probable and possible reserves of 114 petajoules, which currently ranks as the fifth largest amongst the non-major companies.

Red Sky ranks above Dart Energy's (ASX: DTE) 102 petajoules and below Senex Energy's (ASX: SXY) 249 petajoules reserves position.

AgForce CSG stance under fire
Date: 03-Feb-12
Author: Frances Adcock (ABC News)
The Wide Bay-Burnett Conservation Council in southern Queensland has accused farm lobby group AgForce of sitting on the fence when it comes to coal seam gas (CSG) exploration.

AgForce held an information session this week in Tiaro, south-west of Maryborough, to prepare landholders for any future negotiations with resource companies.

The council's Roger Currie says the group, which is lobbying for a CSG moratorium, should not be contradicting itself.

"AgForce is a lobby group that is supposedly represents the interests landholders in Queensland," he said.

[In contrast to the above]

On behalf of its members AgForce seeks the following key commitments from the major parties:

1. Protect agriculture from coal seam gas and mining developments

http://bit.ly/zAK1GP

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Putty meeting with Dart Energy
By Peter Firminger

Wollombi Valley Against Gas Extraction (WAGE) is not ideologically based, is not aligned with any political party and is vehemently opposed to the extraction of coal seam methane gas.

WAGE is independent and solely concerned with the welfare of the Wollombi Valley and its community. We appreciate that change is a constant factor in our lives but feel it is incumbent on us all to prevent change for the worse and to choose change for the good.

You can also find us on Twitter and the Lock The Gate Alliance on Facebook

We are also covering news from the newsfeeds on our News page.

Do not allow anyone from AGL Energy onto your land.

Do not accept their phone calls!

Do not sign anything they put in front of you!

Respect your community and your neighbours.

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