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Badically, it means the H24L gas field is generating revenue of about 550k to 600k per month net to ETE. It is slightly below the 70mmCFpd that I was hoping for, but the field may still be in the ramp-up period. Very nice little earner for them indeed. With Marcoola to come online in the next few weeks (between 200 to 300BOPD roughly), ETE could be generating annual revenue in 2008/9 (full year production) that is equivalent to half of its current market cap!

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