ESG 0.00% 86.5¢ eastern star gas limited

csg narrabri, page-7

  1. 355 Posts.
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    I will not say alot on this ESG secton as every time people make a comment that does not go with the theme they get shot down. I was once a shareholder of ESG from way back at the start and made some money.
    Some ideas you may want to look into.
    What cost was it to drill a well in the Narrabri field.
    What water rates compared to gas rates where achieved per well
    Why did we go to ESP for down hole pumps at such a late date and not at the start when the wells were producing alot of water (More expensive)
    How often do we use a workover rig on our wells
    Ask how much will it take to develop this field ready for LNG production figures
    Remember CSG wells are not booming gas wells so costs per well must be kept to a minimum.
    The above will most likely answer your questions
    I will leave you alone know BUT best of luck
    Cheers
 
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