RLE real energy corporation limited

Strike Energy 's production problems have them in serious...

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    Strike  Energy 's   production  problems  have  them  in  serious   strive.  It  looks  like
    our  neighbour  will  be  losing  out  on  some  lucritave  GSA s   (gas sale  contracts.)
    The  Orica  one  which  was  to  commence  in  July'17  looks  like  being  forfeited.
    I  quote  from  the   ASX  ANN.   STX  25/03/2014

    The value of the gas expected to be supplied  under  the  GSA  over  the  term  of  the
    agreement  should  be  substantially in  excess of  $1billion,  with  initial  gas  supply
    expected to start in  2017


    I  wonder  who  is  going  to  pick  this  up  and  the  others  that  Strike  negotiated
    in  those heady days.

    as @TShirt  mentioned  in  his recent  post
    RLE  are  on  the  cusp  for having  commercial  flows  at  T1

    Would  not  be surprised if  prospective  customers are not  knocking  the  door  down
    already.   all  IMO.
 
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