Ann: Advent EP386/RL-1 and Ord Expansion Project , page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. V8
    9,963 Posts.
    lightbulb Created with Sketch. 36
    re: Ann: Advent EP386/RL-1 and Ord Expansion ... Dont know what to make of this really

    "The current Ord expansion project in Western Australia will bring road infrastructure to within 15 kilometres of Advent?s Vienta gas well in EP386 and will allow for the development of Advent?s onshore Bonaparte Basin gas assets.
    These important investments by the WA and Commonwealth governments provide the impetus for Advent to pursue its objective of developing its wholly owned petroleum resources within EP386 and RL1. Significantly, these government investments will impact markedly on the energy requirements of the Kununurra region which is currently supplied by hydroelectricity from the Lake Argyle hydroelectric facility and diesel power generation."

    Are they suggesting they can liquify or compress the gas then truck out to power the towns generators?

    Actually a liquifaction plant is hell expensive so compress is the go I suppose.

    So then all we need is a contract to supply, is that likely?
 
watchlist Created with Sketch. Add BPH (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(4.00%)
Mkt cap ! $14.46M
Open High Low Value Volume
1.3¢ 1.3¢ 1.2¢ $788 61.43K

Buyers (Bids)

No. Vol. Price($)
29 6283312 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 1495986 5
View Market Depth
Last trade - 11.19am 29/11/2024 (20 minute delay) ?
BPH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.