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23,765 Posts.
258
24/01/13
12:48
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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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