365m gas bearing sands, page-5

Out and about yesterday but saw the ann and definitely thought a close of +26c...but WTF...back to base range!???

I am guessing the MC is now at a premium for no gas finds or development in most peoples minds but this is an appraisal well that is trying to prove up 5TCF gas and some condensates in a proven gas bearing area...???

ANyho...this is well 1 of 3 just for this year so I think we can hope for a good result from HS1 - +20c then Gurame people have it at +$1.30 and Thailand exploration well adding I would imagine on an oil find another $0.50 - $1.00...so thats $2.20 - $2.70 possible by the end of this year!!! Sounds like a very good risk/reward to me and a ST hold for now...

GO the production test!!!

JAzza