helllllooooooooooo, page-7

voyeurx2,

That pipeline is nowhere near the Galilee Basin.

There is a pipeline that runs from Barcaldine down towards that pipeline via the Gilmore gas field, but it's only small and not going to be big enough for a Galilee development (which will need to be big to make the economics work, same as the coal mines).

The best bet if they want to use it for LNG would be to run a pipeline across to the Bowen Basin but even that would be very expensive. The Galilee Basin is still pretty stranded for gas unfortunately.

The 1015P deal is just an extension to the east of the Gunn Project Area. They will be hoping that the good results they got in the GPA will extend up-dip into 1015P. I think there is probably a good chance of that.

Right now I am more interested in these Mahalo results... Mahalo is very well positioned for LNG, I expect somebody (either Santos or Origin, probably Santos) will buy COI out of their interest there if it works.