Correct me if I'm wrong JD, whilst I understand the narrative of the gas shortage on the East Coast and the fact that PEP11 is a potential cure for that shortage, it really makes no difference what gas shop opens up now tomorrow or ten years from now.
PEP11 must be administered on its merits as a stand alone permit under the law. All this noise that is being made about the East Coast is in fact going to play no part in the administration of that permit. Without looking too deeply into I I cannot imagine NOPTA having a provision that provides for an approval based on the proximity of the needed gas. Therefore if Senex or any other company want to solve the East Coast shortage (not that they will or could) then good luck to them.
Our permit if for the acreage in question and if that is approved and if we find gas then we can decide where and to whom it goes.
MMR Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
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