ESG eastern star gas limited

It's nice to see the flow rate but to be honest 900Mcfd from a...

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    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.
 
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