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43,947 Posts.
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15/07/10
11:36
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Yep beans75, that what I was saying before too:
"Yet Janti was right about 1 million cubic feet per day"
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Trees post 9/07/2010
http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1207514&msgid=6781888
"How I see it:
1. There is gas in the field. Now that is worth money to the lease. Lease prices are increasing per acre. More value
2. PB#3 has gas though I reckon it will be around 1mmcfd. This is okay it improves the value of point 1. etc etc "
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Well it is not a producer yet as I see no conection to pipleline or storage facility or sales coming in yet.
But it is looking a lot better than a couple of months ago.
I wish holders all the best
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