re: Ann: Successful Gas Flow Test in Lorraine... Well, I'll go out on a limb and say it sounds promising that given the length of time Folschviller 2 has been dormant.
That the well has flowed with drainage drawdown and w/o fracturing suggests the coals are quite stable .. I could imagine instances where swelling/cleat blockage would render a well dormant for so long quite useless .. any comments from those with specific knowledge of such things?
Also, for Bank or America to report a 10% holding as of 10/5 must surely be a cross trade from a significant holder?
Dex
EPG Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
