There is no LNG facility nxt doors as Mitsui-Beach sell their gas to Domestic buyers via the pipeline. There's only 2 wells producing at Waitsia currently & expansion plans were underway to add more wells. In my view a more logical path fwd would b consolidation of the 2 assets & have apprx 1.5-2 tcf gas resource to market.
Gross gas at West Erregulla's 1C-993 & 2C-1185 bcf are good with gas in the Wagina sands left as Prospective, apprx 273 bcf.
Overall a good result which will b appraised with the finds they've sourced recently. Appraisal drilling in Second half of 2020 will be interesting once they select a location for WE-3.
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