End to Australia's oil importation a possibility

[Sparty]

Much has been written about Australia's decreasing oil security with the fear of ever increasing oil imports dominating our energy sector.

It appears that there are some quite near term factors that could see Australia become a net oil exporter.

One tiny little Australia company with a market cap of around $30m dollars has made a discovery that will be seen in a few years time as a giant elephant.

This report was issued by Martin Place Securities a normally sober and judicious advisory firm.

"Independent Geologist’s reports indicate that CTP has the potential to
discover billions of barrels of oil, trillions of cubic feet (TCF) of gas, billions
of cubic feet (BCF) of helium, and over a trillion tonnes of coal. The coal
has the potential to produce coal-seam methane (CSM) and Underground
Coal Gasification (UCG) syngas, which could be utilised in gas-to-liquids
(GTL) to produce diesel and other value adding technology."

To get an understanding of what this means have a read of the full article.