More money needs to be spent on Westside to develop the field and access all the uncontracted reserves plus more.
Westside is a mix of exploration and production. Exploration discoveries require field development $$ dollars $$.
Production equipment is there already but limited, however having production equipment there and producing SOME gas is better than most exploration companies which have next to zero production equipment and reserves only...
So, our company provides an opportunity to add immediate ramp up supply for larger projects or longer term supply for the smaller domestic demand.
With Gas prices rising and corporate overheads vanishing (in the event of a takeover) we are most certainly economic.
Westside are proud of the fact their extraction costs are low and that is the important economic factor.
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