CVN 5.88% 16.0¢ carnarvon energy limited

Ann: Successful Baxter Flow Test in Dorado-3, page-124

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    Quite likely they will focus on oil and condensates and leave gas until a later phase. As long as the possibility is allowed for in the design it won’t really be a downside. A pipeline to shore will cost around $1m per kilometre so getting the gas to the Burrup (say) will be upwards of $200m, unless a tie in to existing infrastructure is on offer (a distinct possibility) . They will probably keep that powder dry until they’re making money.
 
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