NSE 0.00% 0.4¢ new standard energy limited

what have we learnt so far, page-3

  1. 6,650 Posts.
    Not Slagging of NSE mate.

    Just commercial economic honesty.

    No way in my opinion can you make dry gas work when its between 2.8 to 3.3 km deep in the middle of nowhere and each well cost millions of dollars to drill!

    The wet gas/condensate part is the cream or golden goose or what every you want to call it that makes it all work.

    So I think it is time for you to get a grip on how the unconventional dry gas works in the USA, look at the well depth and drilling cost in the USA for a start.

    Having said that

    Good on NSE and Conco having a go, two more wells and in such an under-explored area the upside surprise can be huge, just look at Buru with it Ungani Dolomite of a nearby recent example of that!!

    Basically without drilling wells you never know!!

 
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