Estimates of FY Underlying Profit, page-32

Gopd pick up, but you are talking about nearly two years passing since the original 30 well plan - inflation/cyclical pressure was bound tp happen.

Who knows what the new wells would have been costed at 9 months ago, when we probably should have been drilling, could have been $1.2m or $1.6m.

They were never going to drill more wells at WSG straight after the last program which is when the wells cost $1.2m

Also 110 wells x $200,000 price increase is $22million, not ideal but going to break the bank.


Also!
East coast gas prices and the POO are probably higher than they were 2 years ago...