In the best case scenario that these wells are all that are required they need to:
1. Run the 5 wells for 6 months 2. Develop a full field model from the pilot data and get 2P reserves 3. Field development plan and take FID 4. Plan a major drilling campaign and execute it 5. Build whatever gas infrastructure they need to prcoess and get it to market
Realistically 2024 is pushing it now. I did previously say 2025 at the earliest. Even then it's going to take at least 12 months to ramp up to 30TJ/d. Senex were able to get first gas from Atlas in 2 years but only barely and they didn't need to pilot it first.
CTP Price at posting:
10.5¢ Sentiment: None Disclosure: Held
