The ann. looks good to me. The most important thing in this announcement is that there was no mention about water disturbance, which means MOS has a really great potential. While looking at TSV (also tight gas) , they?ve had a problem with water during the fracture process. Even though they did not give up. I moved from TSV to MOS shares holding because Stuart Basin is recognised as a large tight gas reserve and MOS is getting much quicker there.
What Is Tight Gas, and How Is It Produced?
http://www.rigzone.com/training/insight.asp?insight_id=346&c_id=4
cheers nj
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