If the oppies get over the line there will be accelerated...

If the oppies get over the line there will be accelerated development. If not, the gas will, in any case, be flowing from GE into the grid for a very long time (decades IMO as they move up the formations and across this saturated field).

Over this time the price of gas will rise exponentially IMO. Yes its still a medium risk/high reward play and it most suits punters who are a bit flexible on the issue of timeframes.

A differentiating factor in comparison to competing plays is that a lot of the costs for the first 3 wells are sunk.

If it suits . . . top up (I did yesterday)or hold. If not, sell. The logic is simple.



cheers