The quotes below should only be taken as a guide to the next announcement. They are consistently upbeat, not unlike the majority of posts on HC by a couple of relentless posters; but in spite of the positivity SH's are left to hang their hats and wallets on their consistent and continual hyperbole.
Let us hope the next announcement is more convincing!
21 June 2016
“The productivity improvements we have seen at Klebb 3 and the fact that we have now successfully completed 7 fracs in the Patchawarra coals are important milestones ‐ they’re further confirmation of our confidence in the long term productive capacity of the field and our ability to commercialise it.
31 March 2016
These next steps are designed to deliver substantially higher well performance
leading to gas flows above threshold commercial rates.
22 /12 /2015
“We are really excited by the performance of the Klebb Phase 3 pilot wells. We are building momentum and fully expect that the wells will demonstrate productive capacity exceeding our threshold commercial gas rates.”
10/11/15
“The new pump equipment and operating procedures deployed at Klebb 1 have proven to work very successfully. We are pleased with the way the wells are performing and expect continued progress over coming weeks now that all three wells are online.”
24/9/15
“We are extremely pleased with the early results and well performance that we are seeing. All the
indicators are pointing towards commercial gas rates being achievable – the key will be to maintain
stable and trouble free flow testing over the coming months.”
10/8/15
“Having successfully completed the workover program, our focus is now on building production rates over coming weeks to reduce reservoir pressure. We know that pressure reduction leads to increased gas flows and all the facilities are now in place to achieve our objective of commercial rates.”
31/3/2015
These next steps are designed to deliver substantially higher well performance
leading to gas flows above threshold commercial rates.
16/12/2014
Having already achieved our key objectives, we are now focussed on building gas production over
coming months to underpin the accelerated development of the project.
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