To answer the question, Is there oil in Tasmania

YES! If you want proof just go to the website and see a picture of an oil seep. The company has spent Millions in research including 2D seismic charting and has determined there is vast quantities of both oil and gas. Also independent experts have stated there is hydrocarbons in Tasmania. Oil has also been discovered off shore of Tasmania. So is there oil in Tasmania...You betcha. Why do you think the bashers are spending 24/7 trying to shoot it down. You would figure if there is nothing there why waste there time fighting it. There is oil and Gas there and its worth multi billions of dollars. Don't let the bashers distract you from making money in EEGC. They want malcolm out of the way so that they can waltz in and take over the leases to drill and make money. If they were smart they would stop fighting it and just buy some shares and become rich