We have quality assets, Crux and Echuca, in alliance with a Super Major, which fits into what appears to be part of their bigger picture Browse LNG development.
The following are stated estimates of these associated fields..
2 to 3 TCF at Prelude = 100% Shell
2 to 4TCF at the adjacent Echuca = 34% Shell (66% NXS)
6TCF at Crux = 100% Shell...
of which 3 TCF at AC/P23 appears to be proven, estimates of up to 2 TCF at Auriga and Caelum.
1 TCF at ACP41 includes...
500 to 600 BCF appears proven at Libra and ..
300 BCF probable at Octans.
Still confident Shell will come up with finance, keeping Nexus Alive continuing to do the work for Shell by exploring the potential of the wider Crux and Echuca...
We have the Assets
We have drilled the holes
We have the long lead time equipment
We have a Drill vessel booked...
If Shell wishes to keep this show on the road I think they will finance it...
My thoughts.. hopes.. expectations...
Good Luck to the Faithful.
ShaerpE
We have quality assets, Crux and Echuca, in alliance with a...
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Last
28.5¢ |
Change
0.010(3.64%) |
Mkt cap ! $83.26M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $50.38K | 184.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6191 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 12524 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |