yep, always good to know things are progressing ahead of schedule!
This info is pretty good also.....
"Le Chiffre 1 has been shut in since 26 April 2015 for long term pressure build up measurement. Analysis of the data..........confirms previous observations that the well is connected to a substantial but finite reservoir volume and water inflow from the reservoir is manageable. Further, the coal reservoir has high gas saturation as sustained gas flows have been achieved following minimal reservoir pressure reduction"
If they can get gas at 2,400 psi imagine what's available at optimum pressure (ie 500 psi)?
To me it's pretty clear that the STX strategy is to achieve initial commercial gas flows at Klebb and then to follow up at LeChiffre with a superior result. If flows improve at the second well from the first, it sets a much better example of positive progression for the overall project!
That's my spin on things!
HC
(20min delay)