confident in the forward strategy..., page-7

Agreed antman, they have explained this and the mud losses make it clear. The key is not to damage the formation while drilling. And it may well be that we knew what we had in the Darwin formation gas wise based on the old discovery well, and needed to find fracturing which currently looks reasonably good based on reports. But regarding the Heron Nth accumulation in the Plover, we certainly didn't expect wet gas with low CO2 and the Heron South accumulation was only just penetrated and had CO2 content similar to the upper layer only in Heron Nth. This is the real bonus - a big column of wet gas with low CO2, and I remain surprised at the muted response. I don't care about feedstock for their Methanol plant if they find good quality wet gas and good permeability. They can always buy the high CO2 gas from the nearby fields.