Remember that story I wrote a little while ago about the mostly Aussie team at JamCode and their iphone app for finding cheap fuel near where you are - “Gasbag”?

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Well I had a chance to grab one of the JamCode founders, Mick Johnson,  for an update and this is what he had to tell me:

Since releasing it on the iTunes App Store a little over 4 weeks  ago, we’ve built up a userbase of 75,000 unique users all over the United States

We’re the 2nd most popular application in the Navigation category for the App Store

We have tens of thousands of users submitting price information through the direct and logbook methods

We’re looking to expand to the United Kingdom, Australia, and Canada by the end of October, and then follow up on GasBag with other  applications that use our same rich-mapping framework.

We’re now serving advertisements from a partner named Mobclix that demo’d at TechCrunch50 with their analytics library

In addition to that, the following functionality has been added

We now also include the logbook that calculates metrics like miles/gallon, average price/gallon, etc.

Because the application knows where you are, how many gallons, and how much you paid to fill up, that also tells us the price at that station

We have a twitter bot at @gbpr that takes address and pricing information from direct messages or replies

Our users can add stations they spot directly, and now we have over 100,000 stations in the database (this is in version 1.2.0 which we’re waiting for Apple to approve, should happen today or tomorrow)

Locally, the guys already have a bit of competition with the recent partnership between Motormouth and Google creating a Google Petrol Price Tracker. That having been said, you really do want this service to work on the move, in which case the GasBag iPhone app is so much sexier than the google version that on pure usability alone they should come out in front.

Can’t wait until they get the Aussie version out here.