Here's Citi's analysis from Oct 2016, as reported in SMH:...

Here's Citi's analysis from Oct 2016, as reported in SMH:
Citigroup expects delays to east coast gas projects as market well supplied
"Eastern Australia will be well supplied with gas through to early next decade, causing delays to proposed new supply projects of up to five years of more, according to Citigroup.
[..]It said that AGL Energy, Origin Energy, Santos, Beach Energy and Senex Energy would all likely face multi-year delays for individual projects.
[..]It assumes a decline in domestic demand in line with the latest forecast from the Australian Energy Market Operator, which said in April that east coast demand excluding LNG would slump 23 per cent in the five years to 2019, from 682 petajoules to 523 petajoules.
[..]reserves would continue to grow both in the Cooper Basin and in CSG, providing enough supply for the market until 2024.
"Given this outlook, we see risk of delay for gas projects that are higher cost/risk," Citi said.
[..]For Senex, its gas projects may all slide back to start production only in 2025, apart from the Western Surat venture which Citi still sees starting up in 2018. Beach, meanwhile, may only see gas production from its BMG venture in 2025, while its Cooper shale production may also only start mid next decade."

I wonder how that all panned out.

Caution: No-one is always right, and no-one is always wrong, not even Citi, so take everything on its merits.