One bad day, or a few bad days, or even a month or so of bad...

One bad day, or a few bad days, or even a month or so of bad days on the market doesnt have any impact on current and future csg and conventional gas reserves ... they'll wait for us 8))

We have 3,000,000 scf/day of conventional gas from a tested 5m interval out of a prospective 130m of gas bearing sands intercepted over about 900m of drilling from 1300m to 2200m at Kingfisher well. Thats just under 4% so far of the gas bearing intervals. Testing continues.

What might the final flowrate for Kingfisher be? Maybe:

# 10,000,000 scf/day (3.65PJ/yr) which pro-rata is 13% of 130m ? or

# 25,000,000 scf/day (9.1PJ/yr) which pro-rata is 32% of 130m ? or

# 78,000,000 scf/day (28.5PJ/yr) which pro-rata 100% of 130m ?

How big is the Kingfisher resevoir and how many similar wells might the resevoir support? Maybe say none to 3 additinal wells?

How many prospective convetional gas bearing structures might therr be in the Clarence Morton Basin? Maybe 2 or 5 or 10 or more?

There is lots of upside potential that will be fleshed out on a time scale that has absolutely nothing to do with a bad day or week or month or (dare I say it?) a year on the markets.

Cheers
Dex