"...The investment required for the project for Warrego and Strike will be reduced by the use of processing infrastructure built and owned by a third party. That would likely limit up-front capex for the first phase to about $30 million-$40 million, Warrego executive director and CEO Australia David Biggs said...."
So what was Phase 1? Was it just WE3 + WE4 only? or did it include WE5 ???
So if it is just WE2 + WE4 then say $40m ----> so $20m each for the 2 wells.
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Ann: Warrego and Alcoa Sign Long Term Gas Sales Agreement, page-132
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