zarro
Read that article too. Energy supplies in secure locations are obviously worth paying a premium for or these major international players would not have coughed up!
Remember though that ESG's equity in the Narrabri CSG project is 65% .. so I reckon 1200 PJ of 2P will equate to around 800 PJ to ESG which has a vlaue of around $2.5 billion. That's doable by this time next year or earlier IMHO. And 3P will be a lot higher again.
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yaca yet another csg article fin review, page-2
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