Ooraminna Retention Licence, page-19

Chances are this type of work over would be more cost effective and sufficiently low risk compared to installing s mega expensive NLG processing plant for 22PJ per annum. Especially now that 100% the cost would be borne by CTP AND MAC. Note: I have done a little investigation and a processing plant could cost up to $300M for 30PJ per annum. This is based on a similar oily shale gas facility in the US costing US$450M to process 60PJpa. My earlier estimate of $100-150M was on the basis Santos would pay 50%. Further cost reductions may apply thanks to the existing mereenie processing infrastructure, yes, but that's not to say significant retrofitting wouldn't be required and anywhere up to $150-200M SHOULD NOT BE TOO SHOCKING