gas pipeline, page-11

hi needle
thanks for keeping things real and focused...

are you sure eni own 10% of frigate and tern? i thought contracts had already been signed to build the flng for these fields hence dead ducks from an eni perspective...

noting your recent posts re blacktip pipeline and now NT govts approval to move forward based on additional reserves being found by further exploration. great timing for meo!! in some ways, eni has little choice but not to go with meo re blacktip now... can't wait to see how big total tcf of current and new 454 targets... what stands 454 well and truly out from heron and blackwood is that blacktip already has pipeline to darwin and established market. that is, 454 offers far quicker returns than TS and heron/blackwood simply due to its market maturity. no need for eoi for buyers of 454 gas as darwin and gove already contracted to buy.

needle you make some very valid points about just how important 454 has now become for meo. 454 may not only see the SP rocket back up as drilling to occur later this year but may well be the savior of ts, heron and blackwood (i.e. sort of turns things on its head for meo but in a very good way).

great work needle.

adl

trying to find the flow rates for ES drills - can anyone please assist? Had them once before but my brain is still recovering from xmas day...

thanks

adl