CTP 3.92% 5.3¢ central petroleum limited

Things are on the move.... Galilee have just been awarded a QLD...

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    Things are on the move.... Galilee have just been awarded a QLD acreage near Tara

    https://hotcopper.com.au/threads/ann-galilee-energy-awarded-surat-basin-acreage.4783438/?post_id=38773636


    https://hotcopper.com.au/data/attachments/1570/1570869-a3622097295124e187041da569b3fb6b.jpgAnd From Fin Review 22/05/2019

    https://www.copyright link/business/energy/energyaustralia-in-750m-lng-import-deal-with-forrest-backed-project-20190522-p51px4


    "EnergyAustralia and the Andrew Forrest-backed Port Kembla gas terminal have confirmed a gas purchase deal expected to be worth at least $750 million, providing the first customer for a project to import LNG into the south-eastern states."

    In round figures 40TJ.day.

    "15 petajoules a year of gas from the venture, starting in 2021.The accord is still preliminary but is worth at least $750 million based on a price for gas cited by the project owner Australian Industrial Energy of $10-$12 a gigajoule"

    The price is an interesting "Netback" benchmark.

    Regards OGP
 
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