Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-20

"Production testing was carried out on the fifth well of the programme, Glenaras 6, which flowed at the rate of 54 million standard cubic feet a day."The project is expected to entail significantly low development costs due to the low water-treatment costs, as well as the fact that no fracking will be required.Furthermore, it is located close to the market, especially the Barcaldine Power Station and the Cheepie gas pipeline.Exploration and appraisal on GlenarasPrevious exploration activities carried out at the field have not been able to achieve pressure drawdown by dewatering the coal due to poor well design.