Hi BI
Thanks for the info, sounds about right
The numbers I quoted were as of last week from an email enquiry to MS and relate to a shallow field development.
I suppose commercial break-even point varies a bit depending on what gas price you dial into the spreadsheet.
Another point to consider is a field development of the Ngrayon-Rancak zones would be a lot cheaper than the deeper gas zone, ie shallow wells with less technical risk.
Therefore the reserves/flow rates required to justify a commercial development of Ngrayon/Rancak would be less than the Kujung zone.
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