yep Goodaye SF,
do you have an email address for contact?
"A reliable gas producer with an experienced team enhancing the well economics with in place infrastructure next to an LNG export hub - is there any other way to put it?.."
Thats absolutely right.
I think we now have that statement "A reliable gas producer with an experienced team..." independently confirmed by a big un-named LNG proponent!
I have been thinking about the recent announcement of Gas Swap deal.
I do not fully understand it all.
But it seems it is a straight swap of gas.
The big gas supplier gives us gas now, and we re-supply that gas by the end of 2015. ie in time for the big gas coy to supply its own LNG project.
It seems there is no monetary component - just a gas supply and repayment.
So in my understanding, its the big gas coy which is shouldering all the risk!!!!!
Because that big player is counting on WCL being able to repay that gas by end of 2015!
**So what that says to me, is that this "leading market participant" is very confident that WCL will be able to produce the gas by end of 2015, and be in a position to repay it, and frankly, and is certain to be around at the end of 2015!
A big vote of confidence imho.
cheers
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