@speculator101
Spec, just another point on Sole. Sole is conventional and in theory could be producing in as little as two years. If you compare it to say BPT's large unconventional Nappamerri trough gas, those reserves are probably 5 or more years away from any production with a long ramp up to large production. Beach had been talking about other opportunities I wonder if this is one of them. In any case the quarterly is pretty slick and full of confidence.
"The company opened a data room on the Gippsland Basin Gas Hub, which comprises the Sole and Manta Gas Projects and the Orbost Gas Plant. The data room has been opened to facilitate the involvement of other parties in the development of the hub for the purpose of optimising project funding and aligning commercial interests across the Gippsland gas assets.
The data room has attracted engagement from a range of domestic and international parties.
Alignment of interests in the Manta and Sole Gas Projects to enable development as a single integrated project offers significant economic benefits through the capture of cost and schedule synergies that yield a more valuable project than separate stand-alone developments. Other benefits include the opportunity for optimised exploration and development programs using the existing and proposed infrastructure. Engineering work to quantify the potential benefits from the existing Manta and Sole Gas Projects continues."
Could be too slick though. I don't know the history of this company's previous reporting and their ability to deliver on promises. Tunisia clearly hasn't worked out well for them.
Eshmun
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