One key issue is infrastructure. For Lorraine, the last presentation said: National pipeline access the priority however may be up to 2 years. It suggested well head generation or micro-LNG as alternatives, but either is relatively expensive and inefficient.
The other concern, compared to (say) Queensland reserves, is that location in the middle of populated areas of Europe, while it should make infrastructure cheaper, may make environmental approvals harder to obtain. I'd like to have some idea how fast or slow the French government is with this, anyway, especially given Po Valley's experiences in Italy.
EPG Price at posting:
56.0¢ Sentiment: LT Buy Disclosure: Held