Ann: Sino Gas - May 13 Phased Work Program Progre, page-6

re: Ann: Sino Gas - May 13 Phased Work Progra... i spoke to gavin harper this morning.
he says "there has been to slippage in the field development program".

"in approx. september there will there will be a RISC upgraded report derived from latest seismic info and the latest flow test reports".

"some time prior to this a contract to supply gas from the proposed pilot plant is expected to be announced".

dont hold your breath for gas flow test results as these "results are required to be taken from readings taken over a two month period". "SEH is not to concerned about these except as part of the info to be fed into RISC's computer modelling, from which an overall picture is obtained".

he says "they there is quite sufficient info from risc's earlier report (gas flows etc.)and from the gas being produced from the adjoining field to have confidence in viability of this project."

GK.