Ann: PEL 456 EXPLORATION UPDATE , page-6

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  1. 11,543 Posts.
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    Imho you can consign the two high CO2 content wells to the trash can. Not so easy to say wrt the nitrogen rich one, I'd say probably OK for LNG, but likely uneconomic for domgas unless blended.

    Still early days, and one permit only, but I'd definitely have said the sp responded inversely to the value of the news.

    More watching and waiting,
    EL
 
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