I have not looked into this in detail however..... Cheap completions in Aus are in many ways reflective of shallow depths/low pressure.....A number of years ago when I was invested in Arrow they were using water bore equipment....... ...European CBM is significantly deeper so they will need gas completion equipment/techniques, not to mention due to the significant depth/low permeability and the need for horizontal completions the drill rigs will be in a different league to those in AUS
EPG Price at posting:
20.5¢ Sentiment: None Disclosure: Held