holyYou forecast of 90 within 6 weeks looks good to me. One...

holy

You forecast of 90 within 6 weeks looks good to me. One point is that the drilling of Moree-4 won't take 6 weeks ..see below extract from an OIP announcement on 19 January. It says both wells will take 6 weeks. I reckon Moree-4 will tale 7-10 days to drill and another 5-7 to test then they move on to the next one. Preliminary results perhaps within 2 weeks???

Also, another reason for a higher sp over the next few weeks will be lateral results .. water flow from second lateral and then gas at some later stage plus then all the same from Dewhurst. Dewhurst upgrade alone could add 1,000- 1,500 PJ.

H

OIP announcement extract 19 January 2009:

SYDNEY: Orion Petroleum Limited (ASX: OIP) today said that drilling of coal seam gas (CSG)
coreholes in PEL 427 and 428 in northern NSW is expected to commence in February 2009. This
Surat-Bowen Basin drilling program is part of Orion’s Stage 1 CSG farm-out to Eastern Star Gas.
Drilling will start with the Moree-4 corehole in PEL 427, followed immediately by the Kurrabooma-1
corehole in PEL 428. Eastern Star Gas has contracted the McDermott Rig 27 to carry out drilling
operations, which are expected to take at least six weeks.