Ann: Southern Cooper Basin Gas Project - Update,EWC-STX.AX, page-11

all things considered since last week, this is a re-assuring update re klebb with the stand out quote being:

"This sustained productivity improvement is a positive outcome as the larger reservoir volume being de‐pressured by the wells will ultimately lead to increased gas production and recovery (EUR)".

So we know de-watering is not an issue because v small pumps touched v small amounts of coal and got maxed out within days. We now have much bigger pumps (and k2 to come) touching much bigger amounts of coals that still require more time to de-water.

The storm has not helped but I am glad, as SH, that the storm causing the delay is nature/rain and nothing to do with the DW storm or worse still gas not able to flow at commercial rate.

I remember one informed poster suggesting xmas was where we were going to land and that estimate is looking more likely every day (assuming there is no corporate activity in the interim)...

Adl