2017 will see 30 - 35 wells drilled & the new Linxing production facilities will almost double available capacity to around 45 MMscf/day.
At current production levels, SGE Gas estimates that SGE operations are self funding, with only around 15 wells required to maintain plateau production, which are funded from revenue from gas sales.
The Overall Development Plan is outside of this, we should start seeing details of this early next year.
The 2017 Q1 activities report & other reports have info that will help support questions.
DYOR.
SEH Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
