Rystad East Coast Gas Analysis - Estimates $14/GJ to $18/GJ, page-2

I'll eat my hat if Beetaloo breaks even at $7/GJ, if well costs are included.

I think it's going to take decades to streamline this industry in this remote location to that sort of efficiency.

We still don't know how Beetaloo wells will perform on decline which is critical. It's not unusual for shale wells to decline 90% in the first year. They will report impressive sounding IP30 rates but that doesn't mean much.

I'll be happy to be proven wrong but I think both the cost and the timeline for the Beetaloo to become a significant supplier of gas are overly optimistic.