NSE 0.00% 0.4¢ new standard energy limited

wet/dry gas???, page-10

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    It looks pretty dry so far but we haven't hit the lower formations yet. Can only wait for c1-c5 counts.

    osr1986, oil is worth more than gas. Condensate, which is the "wet" part of wet gas sells for roughly the same price as oil so it makes it more profitable and more likely to be economic than dry gas by itself. But even so, NSE's permits are prognosed to cover all 3 windows to varying degrees, it's just a matter of drilling to see whether they have the right idea or the right location for the right idea. We'll have a much better idea after the 3 drills.
 
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