You’re god damn right! Just as RC predicted 10 years ago and built over the past 5 years
My predictions for the coming 12 months - just opinions and measured dreams I suppose
Early April SPUD and drilling with hopefully excellent gas shows as bit moves horizontal through multiple fractures/fracture zones. Drilling hopefully completed late April to Mid may without serious issues and under budget
Late April - GMRG final recommendations on pipeline pricing including NT. Costs reduced by $1.5-2.0/GJ
NGP not included for 15yrs from first gas. Pipeline capacity trading rules implemented no later 1st March 2019
May-July - drilling PV and Ooramina. Mereenie plant upgrades and hints of further capex requirements for 60TJ/d. NT government lift Mooratorium on back of Enquiry.
July-September - GSAs and reserves upgrades processing plant news and bank loans or share issue CR for mereenie upgrade
Late October 2018 -possibly juicy GSAs and future prospects lead to enticing TO offers
November 2019 - kitty drilling reveals mega helium and gas reserves and Harbour Energy want it all - blue sky.....
You’re god damn right! Just as RC predicted 10 years ago and...
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