jp morgan, page-5

Stefanis,

I might be missing something as I have not been following this thread or the csg water issues closely.

However BOW have recently been making a big point of distancing themselves from the issues of the GAB, and those of the Surat in general. Maybe others problems with water become our strength, however my impression is that the water issues simply need better addressing and management than to date. Maybe it leaves some of the Surat in particular locked up until technology develops, however the csg resource is simply vast, and imho if the less water contentious parts have to be selectively developed first it is no bad thing, esp if BOW sits on such areas. Silver lining? Maybe?

EL