JT
I agree 100%. And I'm sure EVERY shareholder would want to see such an update sooner rather than later. He may not however be able to fully claim "lowest cost" until they have done the stacked lateral pilot due to start this month.
H
DC certainly has been spruiking their 'difference" and the very good economics (high gas content, high reserves per ha, up to 5 coal horizons, wide spacing of 1 km etc). He has also said lowest cost on East Coast is likely. From his last presentation:
Unique geology
Deep seams (500m ?1100m) result in high gas contents
High reserves per hectare ?typically thick seams & up to five coal horizons
Vertical fracturing yields high, directional permeability
No impact on groundwater resourceCompletion technology defined
High capital efficiency relative to vertical wells
Lower surface impact
No fraccingrequired
Chief landholder is NSW State Government
Long-term land access secured
defensive takeover strategies, page-35
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)