Monday, 6 May 2013

When you live like this why would you hold back from assisting Metgasco Limited to turn sections of the Northern Rivers into 1,000 well-strong coal seam gas fields?


Trevor Charles St Baker and various members of his family - through ERM Power Limited where they and entities associated with them comprise an estimated twelve of the top twenty shareholders - have a considerable interest in Metgasco Limited a coal seam gas exploration and mining company with tenements on the NSW North Coast.

Therefore it might be suggested that the St. Baker family appear to endorse the potential for coal seam gas mining in the Northern Rivers.

This is the gated estate on which Trevor and some family members live:


Google Earth aerial view of part of Lot 2 on the estate
 
A far cry from the decidedly more modest homes in Casino, Doubtful Creek and Glenugie on the NSW North Coast, where Metgasco has been sinking some of its exploratory and pre-production wells.

A lifetime away from the tens of thousands of ordinary workers and returned servicemen and women who were born in, raised their families across, or retired to, this environmentally diverse and culturally enriched region.

Which might explain why ERM Power has been buying up Metgasco shares at a time when it is increasingly obvious that a great many local communities have rejected coal seam gas mining and production in the Northern Rivers and will never grant a social licence. It does not see these communities as having value.

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