Ann: HCD Awarded Business Following Successful Trial, page-30

And - as you rightly pointed out - the first "order" was $140,000.
There is no guidance as yet on what that actually translates to as $$ flow on...
eg
Is that a one off treatment for 30 wells ? ( putting each well treatment at $4,600 ) and if so how often do the wells need treating every year ? Annually ? Quarterly ?
what if......
that is the monthly fee for treating 30 wells ? ($4.2m annually would be nice  )

Does anyone know if HCD does the treatments or do they simply flog the product to the producers and their own techs do the work ?

Jordan -

Let's spell this one out for the newbies shall we......

Andrew Seaton
Non-Executive Director
Mr Seaton is an experienced energy executive with a background in finance, project management and investment banking. Mr Seaton was a senior executive with Santos Limited for twelve years, the last six of which he served as Chief Financial Officer.

As the ex CFO - he would be the ideal person to go to Santos and explain to them the cost saving benefits of HCD technology.

Buckle up ........