arrow planning new 420 km csg pipeline , page-10

Guys,

what a great thread. Sydney and parky, many thanks for thoughts. same from rebel and mick.

Something worhtwhile mentioning as well that is sometimes overlooked from a momentum perspective.

BG is shooting for two trains with orders in execess of that already. we are not talking about one train support here, rather 2 and beyond.

the field development required is astonishing. on this count, I would like reiterate the significant milestone (and risk) that environmental approval means.

The greens policy on CSG initially had me quite concerned, as if they use their disproportionate leverage on labor then this could harm going forward. Now, I do not think this is a likely outcome, as now the greens are on the hook to be responsible in government and things like their CSG policy arent really worth the paper they are written on. in other words, written by people with all care and no responsibility.

So back to industry momentum.

not only do BG have 2 trains stitched up, but Santos are within a breath of achieving the same.

over the next 8 years that is around 2000-2500 wells for these initial projects alone; not to mention the follow up drilling required based off well lifes from 6-10 years. Thats right, the customers keep coming back. talk about a sustainable business model.

That as a simple limitation to the scope of the industry doesnt make sense when you consider that Shell only just finished their acq of Arrow; with a downstream partner I might add.

So by all accounts it looks as though a multi-year and multi-train development effort is on the cusp of motoring forward.

And where does WDS sit in this multi-billion dollars of projects. with a MC of $58m.

As both a short term and long term investor, I am happy buying (because I am happy with the risks) more of WDS for now and in the long term.