The mind boggles! M/Cap $46M. $10M cash......First production /experimental hole starting this month.
Start dewatering in June. Get Gas flow for Xmas!
When/Where/How do we start selling it?
What volume of gas will kick-start a Jemena pipe?
Is Barcaldine Power Station 53 MW a viable start-up customer?
Now someone tell me the parameters of how much gas/day can be extracted from this first well?
When will it prove up Reserves?
Very interesting few months ahead, Japes
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Ann: Glenaras Gas Project - Activity Update, page-2
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