EXR elixir energy limited

Ann: Farmout of Diona Sub-Block, page-21

  1. 939 Posts.
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    A conventional well of a couple of 100m’s deep doesn’t cost $7-$8m. Probably half of that.

    It’ not for us to worry about how STX is going to honour their commitment or how much they’ll dilute. Who cares…the most important thing is that this well get drilled. It’s literally only a couple of 100m to the pipeline. It’s not like a CSG play where we need to drill 100 wells to get that gas to market.
 
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