Enterprise is a great prospect and has a risking close to 70% COS even if it is underwhelming in scale so 5 MMCFD and 50Pj it will as an onshore well be a financial success.
Relax its being constrained by the old boys network Santos and Beach they have no interest in a fresh supplier in the market.
If Enterprise North were to succeed it could reduce gas prices in the Vic market by maybe more than $2/Gj that is a revenue reduction on 800Pj/Yr of $1600million dollars. Vic. is a largely directed economy and they are just playing the cards as they see them.
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