I contacted Brett M at midday today and asked about the suspension and the gas flow. Basically, he said the suspension will be lifted first thing on Monday with a description of the initial data where people can then choose to buy and sell based on that info then.
Iasked why the information was not being released today and he saud that they had always advised that the suspension was in place for three days.
I asked about gas flow and why it has taken this amount of time. He said 50% of the fluid has been taken out but there is still more to go.
I asked about agressive flowback and whether the fact this was not cleared yet was a bad sign. He said if we were expecting 100 000 tcf then it would be clear but since they are expecting between 1 to 10 tcf then it is not. He also said that, from all reports of his expert team, the proicess was going in line with expectation and that the flow had been increasing over the last few days.
It is a bit annoying they said the release was going to be today but tell me at midday it is first thing on monday- we will all have the choice to buy and sell then.
See you monday.
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