farm-in! , page-9

Imagine being in the shoes of the businesses in the NR who are having to pay $27-30 per GJ. Metgasco ARE the bailout for these companies.

The only sensible thing to do is encourage exploration and development by incentivising exploration and ensuring that there are no false markets such as gas reservation policies that discourage the very exploration that is needed.

There is no point in not developing gas when it is clear that the big three projects are all short gas (and thereby going to be hoovering everything up that isn't bolted down), that uncontracted gas is hard to come by at a decent price and that pipeline capacity from Victoria and SA appears to already be a key issue. I know for a fact that it in Tasmania the concern is not price, rather being able to actually receive the gas due to pipeline constraints.

One well does not make a viable operation, but if future conventional wells flow at rates similar to Kingfisher, you have around 1 PJ per year from each well (without any fracking - purely conventional). MEL could have the same production as WCL does from around 80 CSG wells with 10-12 conventional wells. That would be enough to supply the NR market, a power station and to feed some more into the NSW market to help suppress prices.

Would you oppose a 12 well program of purely conventional wells used to supply the NR and NSW? Food for thought.