Yes this is BIG for gas in WA and no doubt if CE says he wants to build and spend $1.5 Bil doing so, plenty need to take notice because we all know he has the clout and finances to make it happen. I did like this bit and the use of the word "potentially" - "Ellison says the company can potentially produce 300 terajoules a day from its field, but 200 terajoules will need to be exported to pay off debt used to build the facility. Not quite there yet? Just makes me think that CE will be wanting plenty of all available gas in PB to supply his massive plant if it does get thru. Good on CE for having a crack and telling how it is with gas and the true reality of transition. If STX can really build its gas business like it plans to in PB I am sure of plenty "potential" interest from CE. BUT right now STX can't even get the weather delayed Walyering operating for us. SUELRY there has to be an update on Walyering soon this is all turning out to be quite comical. Hey its immanent don't you know!!!
TPD Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
