It's nice to see the flow rate but to be honest 900Mcfd from a multi-lateral is not that impressive yet.
There are simple, vertical wells that are coming online at up to 2MMcfd in the Bowen and Surat.
Clearly there is a way to go before dewatering is complete. ESG will know from modelling what Bibblewindi is likely to peak at, but I guess they can't release that info as it's speculative.
So I guess this announcement is a "watch this space" announcement. Gas rates should continue to climb and the important thing will be where they peak.
It's nice to see the flow rate but to be honest 900Mcfd from a...
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