Upcoming Spud of Lockyer2, page-42

I've noticed on these threads that a few of the stalwarts are considering their position in NWE. Everyone will have their own risk thresholds, their own plan and their own personal requirements - you cant blame them for doing what they consider is right for them.

As for me I cant wait to have significant exposure to the drilling of Lockyer2 and NED. I cant see MIN wanting to delay or to risk the JV in any way. Aside from their original ~80% of the JV, they now own ~63% of that remaining ~20%. The way I see it, effectively they are around 92% responsible for the JV in every aspect. Most importantly they have a need for cheap gas ASAP.

I cant wait to see where we head with the drilling of Lockyer2 then NED! Good luck everyone.

AIMO.