From the Chairman's letter to shareholders. Looks very positive....

From the Chairman's letter to shareholders. Looks very positive.

During the year we successfully increased gas flow rates at our test wells and confirmed the process required to deliver  commercial success: reduce reservoir pressure  produce gas; reduce reservoir pressure further  produce more gas.  We know the gas is there, we can produce it and that the reservoir has excellent productivity. Our focus is therefore on  building and maintaining water production capacity, to deliver increased gas flows.

Successfully Increased gas flow rates. So we can and have produced gas.

Looks to me that we are very close to commercial production. That will see a major re rate of STX's share price.

Also by next Tuesday we can look forward to a presentation to the Good Oil and Gas Conference.

Cheers all,