nsw/qld csg company comparsions, page-26

bagasas,
now you are learning mate :)

si,
keeping inspecting champ - for now it is stranded which is the precise context I was talking to TBE about so dont try and go and strip me out of context. I am sure your sharp eyes can see that in the sentence IMMEDIATELY after it I said that pipelines and powerstations were the key to unlocking this value. maybe I can spell it out for you unstranding = unlocking. hmpfh.

PS: do you know the possible timeframe for the LWPL???


hellosailor,
I dont have exact costs for the wells, other than the csg wells are more expensive as they are drilled horizontally and then drainholes added - more drilling time more expensive rig.

also, on their production/test wells for the conventional - it will depend on the completion method as it is possible they might get creative and do something with those of gross pay zones to tap flow from them - I would imagine.

As far as when will they need more money. DJ makes it a point that they will be prudent with their capital and that the aim of forming a parntership is to alleviate this.

I am certainly hoping that they will announce KF definition before a partner - in fact I am surprised they are not trying to put a producer in their before this to clearly define the asset. I guess it is all risk management and they dont want to go throwing capital up the wall when they have possible pipeline costs and field development coming in future years.

Cheers,

SF