Appraisal drilling in the Big Slope depo-centre is ongoing. The Big Slope-3 and Big Slope-4 wells have to date intersected 21.4 and 38 metres of gassy coal respectively and are expected to reach their target depths within the next week or so. Gas contents measured from these wells have followed up successfully on the high figures measured in Big Slope-2 with Big Slope-3 recording a peak of 9.2 cubic metres per tonne (on a raw gas basis) - the highest so far within the Nomgon IX PSC.
EXR Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
