RC did talk about the CVN's. I thought initially that they'd be worthless because MQG would sit on their hands and not drill till four years is up. But RC said Santos JV has to drill 2 wells by 2020 to retain leases.
So there should be a well in 2018 and another in 2019.
He also mentioned Ooraminna - said its a retention lease - there is definitely gas there. The CVN's are worth 15 cents/PJ. RC said MQG wouldn't delay for such a small amount.
Sydney meeting, page-63
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
