davidau wrote:
"I found it interesting that they specifically mentioned P&A on this well. It wasn't mentioned on the previous well, and CBM93-01 was suspended, not plugged and abandoned. There's a big difference. We won't know what it means, if anything until we receive the results. Declaring the well a success, as some have, is premature. As is declaring the depth of the coal seams."
I seem to recall that in one of the radio interviews where he discussed Phase 1 JH said something like that it was important for them to find some edges around the coal seam just so they have a chance to actually calculate the total size.
In Other Words, CTP are comfortable for some of the wells in phase 1 to NOT show significant coal.
I'm sure we'll get an announcement about it soon.
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