Can someone put this into perspective for me and also let me know what I am missing out?
Gorgon Gas Field(i.e Australia largest known gas reserves). Resource potential is 40 trillion cubic gas feet
According to Santos update:
Santos and ESG’s combination of operated CSG permits in the Gunnedah Basin will cover a total area of around 63,000 square kilometres. The resource potential of this area is estimated to exceed 50 trillion cubic feet.
Technically, I would think Gorgon is a more challenging project considering its off-shore location
ESG Price at posting:
$1.08 Sentiment: Buy Disclosure: Held