EXPLORATION

LCE marks big day

LEIGH Creek Energy has hailed a "major milestone" with a 2C gas resource of 2963 petajoules at its flagship project – not a bad effort for a company with a market capitalisation of about $69 million – as it eyes the in-dire-need east coast gas market.

Anthony Barich

The Society of Petroleum Engineers-Petroleum Resources Management System resource means LCE can now "rapidly progress" the gas buyer agreement discussions it started last year. With the recent inferred...

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