Hi nammudi,
Yes that's the same tui. The Perth Basin is one of the 10 largest hydrocarbon basins in the world. TEG is just a few weeks away from drilling into a highly prospective area which is nearby to where NWE had success, and this success is being repeated by MIN who absorbed NWE.
I am very hopeful for TEG and their partners NZOG and STX. TEG's plans are very ambitious but the CCS plans involve a lot of Govt paper shuffling where the easiest decision is to defer ( meaning it is all too hard so let's waste some more time calling for more info, environmental appeasements etc. )
And so it goes on. So I will just wait and see what happens. But I agree, the Annual AEP conference in Perth this week will ( could, should ) be pivotal. These things take so much time but as you know we are used to waiting. As Mark H20 remarked, there is a lot going on. Maybe this week but I would pick June 2024.
Good luck to all
Best
tui
Sorry about this pithy post but all we can do is wait.
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Hi nammudi, Yes that's the same tui. The Perth Basin is one of...
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