the way i see it, these 3 plants in gladstone are nearing...

the way i see it, these 3 plants in gladstone are nearing completion & are going to need thousands of new wells to produce the gas they are going to need. the projects have gone too far now & they are committed. whilst the dip in the oil price may affect the viability of new projects in the future these guys pretty well have to go through with it now to my mind.

we are also on the brink of a domestic gas shortage crisis, particularly in nsw. long term, csg seems the only option there so the future is bright for these type of company's. some bumps in the road but should be big gains from these levels.