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I'll add some further research information - don't particularly...

  1. cmonaussie
    11,256 Posts.
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    18/02/13
    08:32
    Post #: 11431586
    I'll add some further research information - don't particularly agree with it but it puts the cost of Cooper Basin Uncoventional gas at $8/GJ




    with major reason is the wells are deep and thus expense to drill (note Ray James comment though about the surprise flow of gas at shallow secondary target).





    Long term folks and massive (as in multiple times market cap) development Capex needed.
    ICN Price at posting: 21.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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