FAR 1.02% 48.5¢ far limited

Doesn't awe have a lot of debt? Does that "e" mean a lot of the...

  1. 6,066 Posts.
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    Doesn't awe have a lot of debt?
    Does that "e" mean a lot of the 236 is gas, worth a lot less going forward than oil IMO with gorgon and Wheatstone and Inpex/Darwin coming online soon.
    Not to mention all the east coast gas that has or is coming online. Australia said to become the largest LNG exporter by 2018. Far more big gas fields out there being discovered than oil I think.

    I don't know where the next 3 wells will be drilled so pointless giving any estimates. I expect Sirius, Soleil and maybe another FAN.
    Why is it the appraisals are not being completed so as to use for production wells down the line, wouldn't this save a lot of costs going Forward? Also why are they not Flow testing bells?
    Last edited by El Jefe: 16/01/16
 
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