I figured I'd help shed a little clarity on this elusive fish, seeing as how my first few attempts at catching it for GP left me wondering if I was doing something wrong.

First you'll need to be in Carpenters' Landing South, which can be entered via Jugner Forest at (J-8) in the cave past the couple of tigers (or past the guy killing them). Alternatively, you could ride the barge from Central landing if you happen to be in the area around 04:30 or 19:00 game time. Basically, if you ride the barge enough times, you'll get there. Here's a great link to Phanauet Channel, complete with the daily barge schedule.

The one you want, as mentioned in other posts, is Emfea Waterway route which boards at 00:15. The whole ride is about 8 and a half minutes, and you only have a window of a little over 3 minutes in which to try and catch lungfish. Eunirange, your guide, basically calls out this time frame:

Starts with this message:

Here's your chance, cast like crazy!! Lungfish are one "!", and have better stamina than the Dark Bass you'll also snag with your minnow setup. They don't jerk much, but they still can be a pain to reel in. Their fight profile is very similar to that of the Shining Trout that you can catch in Carpenters' Landing, if you wanted to get in some practice.

Your window closes when he says:

That's it. Hopefully you caught one or two by now, otherwise you'll have to wait about 50 minutes to get to take another crack at these slippery little iceholes. Try to have some fun, anglers!

This fish sucks for guild points!

lvl 6 fishing on phanauet channel using halycon rod and little worm, caught 1 got 0.2 skillup can't sell to any fishing guild, can sell to regular guild for 240 gil, checked AH only 1 sold for 1 gil to the person who put it up (Remora) not used in any recipes either as far as i know