straight from Gastars annual report. Does anyone know what W.I. and N.R.I. is? This property already has wells for CBM, wonder if that helps for a UCG plant.
EL 4416 Highlights Map of EL 4416 Note: Acreage as of 12/31/06. Coalbed Methane Play Total gross acreage concession of 1 million acres 75% W.I. / 67.5% N.R.I. Completed a 2-well pilot program in a 50-foot coal seam Initial results showing high water rate and early gas indicates good permeability and the presence of CBM Key risk factors – ability to de-water and gas composition? 10-well exploration program currently underway Access to established gas markets through existing regional pipelines
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