Sorry i just reread the announcement. You're right they mention 16 wells however those must be some very conservative figures as these days it does not cost $5m to drill a CSG well of this type. I therefore believe there should be plenty leftover from the $80 million. I assume this would go to further infrastructure to tie these wells in, compressor stations and other surface facilities.
Ann: Gas Supply and Funding Agreements, page-49
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