Ann: Senex confirms basin centred gas play at Ski, page-22

re: Ann: Senex confirms basin centred gas pla... Yup definitely a consideration, although imo it will remain as is for the forseeable future (LNG ports require a lot of forward planning and gov approval - roughly 2 years if not longer).

what I was getting at is if you base your comparisons on who has the "best quality" gas you can lose sight on other important factors i.e the markets your company has access to and the profitability of those market.

You need existing infrastructure.

In the past few years the majority of the worlds capex for LNG capabilities has been spent in oz. And we are well positioned geographically to export to Asia.

America will have some catching up to do and this hurts shale gas companies there who are forced to sell into a market glut domestically at cheap prices.

Hurting their aspirations Is an Obama admin who wants to keep the gas domestic (rather than exported as LNG) to ensure energy security and cheap energy for us manufacturing.