calling psi81, page-5

PSI i think we are all interested in the pressure draw-down at K3, and the current pressure / gas measurement v's at the start of pumping. I recall an announcement a few months ago (prior) to the recent work-over / pump upgrade that suggested desorption was occurring in a larger way around the 2300 PSI level. Hopefully we are on approach of that again, and with a 750+ BWP/d water flow. Add in some shrinkage of the coals as they keep pumping and they may well get somewhere near that 1000 bwp/d you talk about.

Also of note is that K2 has apparently been back to that critical desorption pressure again (last announcement implying as such). So as much as you suggest the water rate means nothing at this stage without getting a clue on the reservoir changes, i think you could be more comfortable knowing that only a couple of hundred metres away they managed to get back to that critical desorption point once again. the water is finite and they have drawn down the pressure many times now to prove that.

I do agree that it would be nice to see another chart and water rate v's gas type curve illustration.

I make Friday the 29th the last day to release the quarterly.....31st is a Sunday. Hopefully there is some good illustrations in that...although it may still be too early.