is this santos in control, page-3

Mr P,

the flow rate is good. good that it is increasing anyway.

I am most interested in hearing back what "one problem leads to another" means from JA. Mostly keen to know if I was right about having some startup issues at the pilot after the downtime :)

I would expect that they will be going for flow rates much higher than this. It depends on how much of the seam they have drawn down on (I forgot to ask h to ask that sorry!) and what the saturation of the coals were. It also matters how many wells they are counting that figure from. I would expect that it is net from 6 wells which would be disappointing as it is not much flow at all when you consider the size of the lateral program.

I would be disappointed if they included the 'shiled wells' in that flow rate, however, I dont think they would have done that as it is extremly misleading.

The flow rates they need are a function of the cost of drilling (to determine the economics).

Heres to seeing that flow rate increase 3, 4, or 5 fold hopefully.

SF