I have got no idea about $ number, but I would think there is a huge difference between Browse and Hornet - because Browse is conventional resource, and Hornet is tight sands?
crucially the browse wells will be flowing at meaningful flow rates, whereas Hornet is flowing at 2.2mmscf/d, which I am told is uncommercial for a well that costs $15m to drill and frac. Of course a Browse well offshore would cost a bucket load also.
also hasn't Browse already proved-up? unsure.
i think we are not comparing apples with apples.
other posters on HC are better qualified than me to comment on this issue.
see SXY down to 52 week low!? such an ugly day on ASX again.
cheers
OGY Price at posting:
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