Yep great news...RLE appears to be ticking all the boxes moving forward.
Real Energy’s Managing Director,Scott Brown,said
“Our Windorah Gas Project is very much on track with a number of commercial developments progressing concurrently. Interest from industry for gas sales is growing, and we are seeing significant interest from a number of groups keep to provide funding to build our pipeline and connect into a sales channel at Santos’ Mount Howitt gas gathering facility”.
“We are well on track to convert our large Contingent Resources of 2C & 3C into reserves and then commence the delivery of sustainable production from what is potentially a very large gas project in the heart of a proven Australian energy province, the Cooper Basin.”
RLE Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held