rbs morgans, page-25

Kingc

ESG stuck to their previously demonstrated approach and did not tell us about problems and delays with the pilots .. until they had them sorted! The OB said that BW West was now doing well again, and Casey said "Now that we have debottlenecked our water handling system, through
upgrading and expansion of filtration and reverse osmosis capacity, we aim over coming months to show beyond doubt what our well design is capable of!"

ESG does already have good flow rates .. according to RBS who say:

"With a large uncontracted reserves base, gas resource upside and good demonstrated gas flow rates, ESG is our top pick in the CSG sector."

H