IMHO one of the key points in this announcement is not so much the've got the gas ( which we all knew anyway) but that the development costs will be low (wide well spacing and long laterals) and the gas flows will be high.
The market at the moment is a classic "buy the rumour and sell the fact".
This news is sure to generate a lot of interest from major suppliers.
IMHO one of the key points in this announcement is not so much...
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