I'm very happy with that announcement. A new coal bearing sub basin (Bulag-Suuj) - and yet another one (Venetian) being spudded. Drilling difficulty in Yangir due to fractured coals - but we already knew there was coal there.
Time frame for the supudding of the pilot production well also announced.
To maximise value EXR need to find as many gas bearing coal sub-basins as possible - ultimately this is the only way to increase the size of the resource - which will lead to the buy-out. Keep finding those sub-basins, then move through the production test process and shore up resource.
Add this to the Green Hydrogen - things are looking solid.
Ann: Operations Update, page-8
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