TNP 0.00% 2.5¢ triple energy limited

worth having a look at., page-107

  1. 23,765 Posts.
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    hollywood wrote

    "Csg is not like conventional gas exploration, its dependant on infrastructure and lots lots of capital "

    Why lots of capital is it for the extra equipment needed to frac- please explan hollywood?

    I cant see the actual drilling being expensive as they have access to a rig for about $250k a month from memory not incuiding crew cost.

    These guys are about 6km from a decent sized city and there is a gas line about 3kms away so the infrastructure is there IMHO.

 
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