Yes I think to actually frack and utilise the unconventional gas you need the pipeline to the NWS and tie in to the whole of WA domestic gas market place. Which leaves BME at somewhat of a disadvantage for the 15Tj of local delivery required. When Sheffield comes online I believe that local market will rise to 30Tj not quite in the same league as cooper energy but nothing to sniff at.
I think BRU 59 bcf of 1C conventional gas reserve is easy enough to build a pipeline to the gas plant in the region.
I also take on the chin everyone's points about nothing happening to July 2023 when they start appraisal drilling. However, my question is this where would BRU find the funds for appraisal drilling, would they really want to foot the bill for all the appraisal drilling and securing rigs etcetera. I don't think so and I believe a deal will be on the table well before appraisal drilling mid next year but we will see...
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