EXR 0.00% 16.5¢ elixir energy limited

It depends. The equipment is rather basic to be honest. A small...

  1. 2,098 Posts.
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    It depends. The equipment is rather basic to be honest. A small separator skid with a couple of manual valves or even automated control valves, and some pipework to a 10 or 20 foots flare...up to 50m away. Bit more work involved in drilling to run casing and tubing and a downhole pump, site diesel generator for power. Nothing extravagant.

    Richcairn just seems to have surprised the team by the way they described it so for me it sounds like it's grabbed their attention and that's say there is a highly prospective area there. Considering the work lastyear at Ugtaal, and latest data sets from seismic, tells me they are learning the geology as they go and are able to filter out the good from the bad even better.

    For Richcairn itself, I have no particular information on it other than what's in the announcements. It's close to Nomgon though, so infrastructure and gathering network could link Richcairn and Nomgon fields alot cheaper and easier I'd imagine.
 
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