ESG
Click for more information
0.00% 86.5¢ eastern star gas limited

SF,a very good analysisI think you have highlighted the reason...

  1. db76
    2,902 Posts.
    lightbulb Created with Sketch. 61
    clock Created with Sketch.
    10/09/10
    12:10
    Post #: 7182243
    SF,

    a very good analysis

    I think you have highlighted the reason they expanded their GLNG area to those adjacent nearby tenements so as to get the potential Reserves/Resource UP to give them a better gas margin ((3P+2C)/2train Requirement). Based on the old reserves report from end 2009 I calculated that this margin was only about 91%. They would want it well over 1.5 or so.

    Cheers
    ESG Price at posting: 90.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Talking Australia's very competitive property landscape: Realty Talks
right-arrow Created with Sketch.
EVN Evolution shares up 3% on quarterly results for June showing rise in gold production
right-arrow Created with Sketch.
NRX Noronex joins forces with South32 to look for copper in Namibia
right-arrow Created with Sketch.
M2R Miramar sniffs 5.48% Cu, 54.4% Pb and 73.48g/t Ag at new WA prospect
right-arrow Created with Sketch.
WGX Australian foreign investment regulators greenlight Westgold's buyout of Karora
right-arrow Created with Sketch.
ASL Andean discovers up to 4,649 AgEq through maiden drilling in Chile
right-arrow Created with Sketch.
watchlist Created with Sketch. Add ESG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.