will we follow today ??, page-37

Like I have said previously EL, $30 million spent on Jeruk, for at most 13-14 million barrels of oil versus,
4tcft of gas.
Today's dollars for a 3 well program $25 million circa.
Again you can always sell down your interest after the first/second well.
There are plenty of second tier parties who could/can partner cue who have the financial clout necessary to make the prospect attractive,upstream companys like Westfarmers, who will need supply's of gas into the future.
Let alone the power utility's.
I have no distress EL,just a healthy level of distrust, for those, who talk of performance, when there is none.
The mustached one convinced a nation, by repeating a lie often enough, it appears others have learn t from him.


http://www.theaustralian.com.au/business/carbon-trading-scheme-to-send-gas-use-soaring/sto.

PS, putting down one of your own(Odysseus) publicly, sums you up most eloquently.