If I can ask and show my ignorance
EEG has land near to the Santos well and the success they are seeming to enjoy is extrapolated to provide EEG with hopefully similar results?
I know this is an expensive exploration but of course, the potential win justifies this.
Does the company have enough ash for this or will a CR be required
And how does one come to an estimate of what a share like this is worth in light of say, getting a similar gas flow as enjoyed in Santos?
Not holding but contemplating
Initial flow rates Tanumbirini-1 Santos Quarterly, page-6
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