Ann: Southern Cooper Basin Operations Update, page-39

Yes mir911, that other coal you mention could be the 'sleeper'!! But I assume they need to stay focussed on the Patchawarra at the moment.

As to connection costs, if all goes to plan and the future production wells are ++Bcf, then field connection costs will be lower (cf Queensland CSG) because other than the really sweet spots up there, they are often at or less than 1Bcf/well (eg Roma I think), so you need lots more of them. Read lots more connections.

Anyway, it's all just talk at this stage. Ultimately the only real apples v apples comparison is well $/Gj. This is the only game that ultimately counts. IMO flow rates are a bridge to a possible Bcf future, not the big outcome in itself. Its a capital vs Bcf equation. Low cost $/Gj wins....

It will be fun in the future, if STX gets PEL 96 happening, seeing how it stacks up against other gas supply 'hopefuls' (sxy, icn, bpt...et) and also against the LNG JV equity gas. As to the tight sand and shale players to the north I can't get my head around how they can ever gets these to be competitive. The high well capex require some pretty heroic assumptions on future Bcf/well or ex-Moomba gas prices to be ever nudging NPV +ve.

Like 618 said, 'getting there'. A great summation!

All IMO...

Adaltiora