ADE 0.00% 19.5¢ adelaide energy limited

I'm no expert but I think it's all about the liquids. Initially...

  1. 318 Posts.
    I'm no expert but I think it's all about the liquids. Initially the flow rates of gas are high and that will lift the liquids or condensate. Good amounts of condensate give a short payback on the development costs and hence long term value from the gas.
    It's a wait and see on the amounts but all indications so far are good.
    The other thing I like about BPT/ADE is the pipelines/storage facilities are already built. LNG - Beach are looking at but Santos must be looking seriously looking at the Cooper Basin developments as potential supply for their projects
 
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