STX has NOT produced any "gas flows" only "gas shows" up to this...

STX has NOT produced any "gas flows" only "gas shows" up to this point at Cooper! This is the critical fact that all posters need to clearly understand, and the reason why STX is 10 cents not 35/45 as we speak! When/if STX does produce "gas flows" you will know about it pretty quickly because the stock will of course rally significantly from here!

Producing a "sustained gas flow" is the next BIG step for this project! Hence Klebb2 & 3 offset wells (200m to the NE and SW of Klebb1) which are specifically designed to assist in the formation water pump out, sufficient to get the pressure low enough in order to produce "sustained gas flow" from Klebb1!!! That critical pressure point where gas is released from the coal cleats and makes it's way to the well bore is the "desorption pressure".



To summarise, see my edited version from MD 's Comments below...
The Company has now reached a critical stage in the evaluation....having
confirmed the presence of a highly productive reservoir system.....the next key step is to
understand the productive potential....establishing gas flows to surface.....to supply gas at scale to the Eastern Australian gas markets......I am very confident the
Company’s forward program will achieve this technical objective........

Not there yet but almost! Keep your fingers crossed that the formation is not damaged or worse (collapses) when they pump out the water! All going to plan we should have sustained gas flows by 2015!!!

Cheers

HC