Not a lot new here except heavily underlined 'strong initial gas flows' for PV13 drilling.
Slide 18. Palm Valley "Mitigate pipeline constraint (Phase 2 capacity)" is surprising.
This suggests lifting PV's output from 15Tj/d to 20Tj/d is pipe capacity limited.
I assume this refers to field collection pipelines, not Amadeus-Darwin. That should be straightforward, though the extra engineering work has to be done and capex spent.
My 18.5c 'floor' delayed. Oh well.
Ash
CTP Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
