I don't think people are comprehending the enormity of these basins and how seriously Santos and Origin are taking getting out in front of the competition up there. Every announcement they are making is specifically referencing this geology and their progress.
Global oil and gas cos are watching what is the most exciting new shale basins we have seen in a long time because they know the vast Asian demand that will underpin commercialisation. Hopefully share price gets moving and we don't get taken out before we see some of the value reflected in equity.
EEG Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held
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