RE: New interview - 100% debt funding reiterated.19 Dec 2024 12:04
Get Shell to partner 3 deep wells into the Cretaceous just to see whats offshore is onshore any find commercial will see us 250 ftse, may even part of the conversation. Just a thought but will open up the land mass.
Only takes 4 LTHs with deep pockets to trade a few to create there own market and inspire fear. What would a company need to create a FTSE 250, infrastructure and to create a monopoly ie we are the biggest in situ on unexplored land mass, correction, not understood.
Nonsense, most of the sellers, will buy back later at a lower price, long term value based on number of you own, being traded on weak sentiment, while the floor is concrete and hopefully get rid of the moaners
As John said " no works have been " and Shell only found the first well by mistake when they perforated well and gas came out and the fact 2d or 3d seismic was in its infancy. God knows what's down there, bet our top boy already poking around
down there. Whatever you say infrastructure set up for the bigger returns, why two pipelines, plant etc.
If the wells on Central Block are comparable to Casa for x2 x3 the gas price then no brainer. That may depend on what pressures they can put Central Block pipe line and increase Coho pressure and flow and low pressures in Shell wells and that being a mixed equation and beyond me to even guess.