Worth clicking on the production tab from the link above. The EXR prospect shares many characteristics with the STO owned Fairview CSG field. That field AEMO has listed as producing 400+ TJ/d
Size - EXR 28,ooo km2 : Fairview 1400km2
Coal thickness - EXR 50m: Fairview 4-16m
Total Gas Content EXR 11.8 m3/t : Fairview 6-15 m3/t
Pipeline to market - EXR 410 km : Fairview 420km
The Fairview field was acquired by STO post discovery for $612m, IMO there will be a lot of very big eyes on EXR as they head into the drill. The key unknown that needs to be proven is the permeability, if proven there is very little standing in the way of a major commercial outcome.
EXR Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
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