SEH 0.00% 25.0¢ sino gas & energy holdings limited

Ann: Sino Gas - May 13 Phased Work Program Progre, page-5

  1. 2,239 Posts.
    re: Ann: Sino Gas - May 13 Phased Work Progra... They had dramas last year, however previous years it appears to have had little impact.
    With 10 drill rigs going, they should have upwards of 25 wells completed by end of July (Keeping in mind, the recent update was progress upto May 31). Pretty sure, they get another window in Sept-Dec for drilling as well. Also, Linxing West and SJB East wasn't affected last year with rains, it was SJB West that copped the flooding.
    Seismic, then drilling, then testing - at least we know exactly what the plan is now. We had all been expecting flow rates for the past 6-9 months, without knowing that they weren't planning on starting until mid May this year.
 
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