Coal seam gas - the case against ...

Eureka Report recently interviewed Don Voelte, chief executive of Woodside Petroleum.

In his view, the coal seam gas industry is overrated for the following reasons:

• CSG is at the start of a steep learning curve on extraction, transport and storage.

• smarter players have defined a large resource and sold out.

• the companies which have bought in now need to try to determine how to make money from CSG.

• dealing with the associated water will cause headaches.