Above when PSI and the likes are talking about CO2 within our gas, wouldn’t we already know the content etc from Klebb pilots that DW did ?? I was just re-reading the old announcements and this one caught my eye.
Dec 2015 “The testing program has achieved water flow rates and bottom hole pressure reductions required to create and sustain low pressure zones around each of the wells. Significant increases in gas flow rates are recorded as these low pressure zones expand away from the wells and the volume of coal below critical gas desorption pressure increases.
We are really excited by the performance of the Klebb Phase 3 pilot wells. We are building momentum and fully expect that the wells will demonstrate productive capacity exceeding our threshold commercial gas rates.” DW
Surely they wouldn’t do JAWS if they were concerned regarding CO2 content ?? Or Am I barking up the wrong tree ???
STX Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)