shale oil/gas the new boom sector, page-107

  1. 22,120 Posts.
    lightbulb Created with Sketch. 20
    Was meant to take the night off but looking at REY instead ROFL

    Yeah REY is a bit of a circus gave away 90% of the Shale, Oil and Gas rights to Gurjat for nothing kept 10% that was free carried from memory to pursue the coal

    Now sold the coal and paid $7m for an extra 15% participating interest in the shale but now they have to fund their interest going forward

    Like you said jumping around too much


    KEY have BRU as a JV partner and they farmed into the block and carried KEY through drilling. That's the way to do it, not like REY giving the asset away then buying a fraction of it back for big bucks

    Its KEYs other block now that has me interested the North Perth Basin one


    You have any NWE? I'm kicking myself I missed that breakout last week
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.