re: gas prices For 400bcf of 2P & 1,300bcf of 3P(no 1P) & no stabilised gas flows the purchase price for such CSG reserves in Queensland is currently A$900m.
MAE has 315bcf of 2P & ??bcf of 3P(of which > 50% is 1P)& 5mmcf/day stabilised flows yet is worth A100m.
Go figure!!!
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