Thursday 17 January 2013

Just another day at the office for Metgasco Limited - protestors, police, media & anti-CSG mayors at the front door

Click on montage to enlarge
 
Metgasco Limited’s Messrs. Heath, Gill, Henderson and Koroknay must be wondering how their plan to drill an estimated 1,000 coal seam gas production wells across the NSW Northern Rivers region became an expensive, grinding chore instead of a carefree amble to the bank wheeling a barrow full of cash.

Large institutional investors/shareholders like Citicorp (through its subsidiary Citicorp Nominees Pty Ltd) and JPMorgan Chase (though the100% owned subsidiary JPMorgan Nominees Australia Ltd) must be wondering also, along with the West Australian LNGL Group an industry shareholder through CSG Nominees Pty Ltd.
 
With no social license granted by local communities for CSG exploration and mining, a day at the office for these Metgasco directors and senior staff means being greeted with uncertainty over if or when they can access identified drilling sites each morning.
 
Today Lismore,Tweed and Byron mayors Jenny Dowell, Barry Longland and Simon Richardson will be swelling the crowd outside the Glenugie exploration well site and protestors will again be at the entrance to the Doubtful Creek site.
 
*Photo montage created from Glenugie and Doubtful Creek photographs found at Google Images

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