ALCOA are not the only cat sitting on the hot roof. There are plenty of more takers if the price is right. Its all about utilizing your resources to maximum potential. If weve got heaps of it SELL IT. Make the money and drill more wells.
If we have the TRILLIONS they say we have then its no problem, got the reserves get the market. Make this another Woodside if theres that much of it.
Sure China might like some too.
ALCOA are supposed to be expanding but were limited due to the gas problem and markets of their product. They have been given the go ahead to expand and will want more. Have we got the reserves and resources when this happens.????
What of the competitors that are also funded by ALCOA, BRU, TVS and AWE I think from memory. Do we let them catch up and miss the boat.???? Some time back I spoke to Wrris and he said they would never drain both RG1 and GGW at the same time and here they are doing it. RG1 was supposed to get sidetracked while GGW is on production feeding the plant. How they change their minds like always.
Sidetrack RG1 and lets see what the D sands have. Cheap reworks of the other GG wells that flowed and Bootine as well. Im totally in favour of doing a 4500-7000 FT lateral and getting the big numbers, stuff the little verticals.
EGO Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
