WGO 0.00% 35.5¢ warrego energy limited

management, page-9

  1. 646 Posts.
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    They can't. They don't have the gas to sell.

    WGO from what I remember only has a small amount left that they can market under WE phase 1.
    They'd need to wait until the JV commits to an expanded WE phase 1 - or WE phase 2.
    And I can't see that happening until phase 1 is either complete or near completion (if ever - there's a chance STX will simply drill in their permits and leave WE alone).

    STX can do these sorts of deals because they have their own prospective gas resources in the region.
 
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