Sunbird Energy estimates a Resource at South Africa coal seam gas project
Sunbird Energy (ASX: SNY) has independently certified a Best Estimate (2C) Contingent Resource of 644 billion cubic feet of gas for its Mopane Coal Bed Methane Project in South Africa.
The assessment by MHA Petroleum Consultants supports the potential for a large scale coal
seam gas development at Mopane.
Drilling is continuing with the goal of expanding the resource base and initial pilot production is planned for 2014.
Mopane covers 1,577 square kilometres in the Limpopo and is traversed by major electricity transmission lines that form part of the Southern African Power Pool. It is also close to major local mining and mineral processing facilities.
Sunbird has a 74% interest in the project.
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