Resource Certification
RESOURCE CERTIFICATION
The estimation of coal bed methane resources and reserves is a highly complex process as coal seams are highly variable in their thickness, coal properties, and lateral variations in gas content, gas saturation and permeability. Currently there are no guidelines available in the JORC code for CBM resource estimation. In the absence of specific Australian guidelines, GeoGAS follows the Canadian guidelines as specified in "COGEH Vol 3" especially designed for resource evaluation of CBM reservoirs. These guidelines are a combination of NI 43-101, NI-51-101, COGEH Vol 1, COGEH Vol 2 and CBM technical literature which is widely followed by Canadian and US companies.
GeoGAS and our parent, Runge Limited, have developed a standardised approach for preparing CBM resource/reserve reports which provides check points to the evaluator ensuring regulatory and audit compliance by stock exchanges globally. Our methodology integrates spatial data management from applications and enterprise solutions, such as SAP/Oracle into a coherent management system that assures consistent high quality regulatory reporting, data quality, transparency, repeatability and fast, global information access.
