sep qtr 20.76mil spent feed & feasibility

commences pg 9 Quarterly Rep.

"Exploration Expenditure

The total cash expenditure during the Quarter incurred on exploration and evaluation activities which includes FEED and Feasibility Study expenditure was $20.76 million."

Until someone corrects me, or suggests a valid alternative, a large portion of this sum was spent, I am assuming, on the below, also pg 9...

"3. COMMERCIAL
i) LNG Newcastle Project
Front end engineering and design (‘FEED’) work for the LNG Newcastle Project is progressing to schedule. It is being carried out by Hitachi Ltd, Toyo Engineering Corporation and Chart Energy & Chemicals Inc."

Doesn't look to me like NLNG is off the agenda!

And another query for those more observant & well versed than me:

Coonarah Conventional Gas Field (PPL3) don't recall that getting much of a mention for a long time. If I am right, why has it popped up in this quarter's report?

PPL3 is where Wilga Park Power Station gets its supply from as I understand. But surely that's running on CSG, not conventional.

Wouldn't it suit Santos to start drilling the crap out of Coonarah for conventional right now?

Dunno, just thoughts...

Lilac