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  1. Al99
    2,629 Posts.
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    31/03/13
    10:22
    Post #: 11606212
    DM

    Firstly, I'm not sure that AWE and Bharat would be happy with a "guesstimate" on this work.

    If it is like that a horizontal well, with multiple fracs would be more like $15-20 million, if based as a "one-off" well.

    You are also ignoring simple things like gas plant access (at what cost) and the installation of a pipeline. Also don't forget the green tape.

    If it was as easy as you suggest, they would be doing it. Sorry, but your simple analysis is just that.

    Al99

    I own AWE shares.
    NWE Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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