Billy you are talking about FRR here and nothing is straight forward. However, with SN stating an amount of gas and a 3-5yr to net export the CPR will have to provide so sort of detail how they are going to get there. Yes this will be price impacting as the gas now becomes real - Caveat, what will be key is the flow rates (and pressure)/s that can be achieved. Plus just how much SN wants to book as proven asset,
Reg surely this time round the new CPR has to be associated with an extraction and production/sales plan? Then and only then will the SP move to a level that recognises the assets... What do you think?
I doubt Dr.Cohen's would have mentioned FRR for two reasons. First is the obvious - The find has not been verified by the independent study and announced the proper way. Second - if he did this would be in fact confirming to the world the gas find was real - yet again this is not the proper way as it would have impacted immediately the SP and on a personal note he probably did not want to deprive SN's moment in the sun.
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