Yes, very very interesting when you have signed up for monthly rates (to save $), but have only drilled 3 wells in 12 months.
Doesn't make it the super cheap option they crowed about? So A$650k per well is now actually A$1m per well and climbing.....how's that NPV looking now boys! with all that GAS
Nope, maybe for continuous drilling.....so why aren't they drilling?
Drilling equip - already paying
Management - they do the drilling themselves.
