Pipeline distances are one thing, but depth of the ocean floor becomes the real sticking point in terms of the economics of installing a pipeline. Certainly becomes more viable if multiple sites can tap into the pipeline, however I don't think that GEV is targeting those operators that have the lucky of this consideration.
Plenty of rigs in the sea / operators that would enjoy the additional revenue stream for 20+ years!
GEV Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
