ESG 0.00% 86.5¢ eastern star gas limited

re: Ann: Multi-lateral Production Pilots Comp... Although it...

  1. 49 Posts.
    re: Ann: Multi-lateral Production Pilots Comp... Although it doesn't say much the announcement that the second lateral production pilot is suggessful completed is good news. IMO there is a little gem in there which states the dewatering of the first wells was shut in because of interference with the second lateral drilling. To me this means there is good communication bewteen the two lateral holes. Ie the gas can be drained from a large area with minimum wells required. We need to know that gas is flowing and at what rate. I would guess that once the second lateral is completed there will be huge water production as the area being drained is all in good communication. Hope so anyway.
 
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