The second lot of drilling this year is highly value accretive. Bringing positive cashflows sooner is making WCL a lot more attractive. Any new buyer wants to be sure they won't be left high and dry for 2 or 3 years (if LB falter or won't pay higher) while WCL ramps up production. The sooner they get phase 1 of 40TJ/day online the better.
2nd bidder, page-16
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
