Going up but why, page-4

I think that we can expect some good news about the impending development plan for the Oyong field. As an earlier post has mentioned the costs are not so great. For STO this development is a basic "cut and paste" on some other offshore developments they have done in Australia with the likes of Apache. For those new to CUE this was well discussed last year by various posters when they were drilling in Oyong.

It seems like they might be getting ready to move ahead and a producing field like oyong would really add to the strength of CUE. If you review the flow tests etc from the Oyong wells last year you will see that the flow rates were good, and the well head pressure excellent. It was proved beyond doubt that this field had legs. Lets hope they do it justice.