NXS 6.25% 22.5¢ next science limited

re: excellent announcement and thoughts! Santos Patricia/Balleen...

  1. 1,446 Posts.
    re: excellent announcement and thoughts! Santos Patricia/Balleen field adjoins NXS acreage, 12 kms away from NXS longtom field. If NXS tied in Longtom to existing facilities/pipelines at Patricia/ Balleen cost would be 80 millionish. If NXS went with stand alone development, cost of facilities/pipelines etc 220 millionish. Obviously NXS has financial advantage if Santos comes on board, would appear mutually beneficial to Santos/NXS.
 
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