Ann: Fracture Stimulation Planned for Churchie 1 , page-3

re: Ann: Fracture Stimulation Planned for Chu... Yes agree good news and not appreciated by the market however the same is occuring with other gas producers.
Eastern star gas (ESG) announced a massive upgrade to its reserves and it had no effect on the market. I am no expert but I suspect that the negativity towards environmental issues and clean energy, post Copenhagen mixed with the machination of the politics of this issue and you have a pulling back in sentiment which translates to market caution.