"In communication" means this in one big find not two seperate finds - I believe very positive & this thing is huge if its all one field! - 30+ Kms away from main find!
Don't worry about P&A issues - normal practice in big finds. Some wells are not necesarily producing wells, they are just to size the reservoir
Conoco investing an additional $100m - great, they don't do this lightly.
I think this is all good - and have been watching from the sidelines for awhile. I've been in CSG (mainly BOW) but this is an traditional elephant with no hangover of "will it work".
Good luck to current holders. Hope you make a bucket load, after all that what its all about!
Cheers
Maddoc
best value stock on the market, page-28
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