He suggested that Perth Basin gas is already earmarked for export via the North West Shelf, likely basing this on the persistent but unconfirmed reports the Waitsia field owned by Beach Energy and Mitsui may act as backfill before the Browse fields come online. Mistui and Mitsubishi's joint vehicle Japan LNG have a one sixth stake in the North West Shelf facility. If the trains can't be filled or the Browse fields decline - in many years to come --- "they're going to start demanding gas from other sources" which could lead to 10,000 fracced gas wells in the Perth Basin, he suggested.
WGO Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
