Kwaidan1,
Are you refering to outcomes of the sept 2010 quarterly report on Longtom as seen below?
Longtom gas project (Nexus 100%)
VIC/L29 ? Gippsland Basin, Victoria
"Monitoring of the reservoir pressure during the production shut down has indicated that the reservoir distribution may be more complex than previously modelled and therefore the originally planned Longtom-5 development well may be brought forward.
Reconciliation of the reservoir pressure behaviour with field mapping is ongoing coupled with further data on the undeveloped 400 sands on Longtom-3, with the results anticipated around March 2011.
This will be used as the basis for a review of the full field development plan and an update to the
reserves".
has broken resistance valuation 70c +, page-9
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