queensland csg reserves., page-3

It's a great result as far as proving the productivity of the coal bed at Don Juan is concerned. It is another step closer to proving that Don Juan is the western extension of SHG's Lacerta gas field. With the drilling contractors now ready to recommence drilling the next 4 core wells starting next week, the Carnavon-1 result is another step closer to our targeted reserve certification by year end. Obviously this will be dependent on how it ultimtely flows when it has dewatered, but where we are at right now is a good start.

With Hudson-1 to be drilled along with 2-4 other wells there, 3-4 wells next to Growler, and over 10 wells in their CSG acreages, there's lot of opportunities for this stock to really move. Not to mention the possibility of t/o play.

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