"...The investment required for the project for Warrego and Strike will be reduced by the use of processing infrastructure built and owned by a third party. That would likely limit up-front capex for the first phase to about $30 million-$40 million, Warrego executive director and CEO Australia David Biggs said...."
So what was Phase 1? Was it just WE3 + WE4 only? or did it include WE5 ???
So if it is just WE2 + WE4 then say $40m ----> so $20m each for the 2 wells.
WGO Price at posting:
24.5¢ Sentiment: None Disclosure: Held