Ann: Trading Halt, page-65

Looking at the previous announcements I am turning to think it positive.

It mentions reservoir deliverability rather than 'well deliverability'. If this reservoir with its porosity and permeability doesn't deliver good luck with the other Perth Basin reservoirs.

If it was a cementing issue they would surely say deliverability from this well. So I had a few thoughts
1. the net gas thickness may be greater than first thought and a section they didn't think would produce may deliver
2. the oil that they thought may not be in an area permeable was in the Dongara/ Wagina area if I remember correctly so it shouldn't be oil deliverability surprise if they are only perforating the Kingia.
3. could it be that it is delivering that well maybe they will need fewer wells?
4. or because of price action they would do a trading halt, and if they mention that in their release they are inadvertently confirming that there are leaks and they would have to investigate, so they haven't put that in the trading halt request.