In April 2010 the drilling of the Tintsfield production pilot finished ??
In July 2011 after the Tintsfield Pilot being underway since 1/4/11 (April Fools Day :)) , now 3 full months on the PUMP still no infotmation released about progress
If still no news on the Tintsfield pilot it must be not going as well as expected. The Water must be far too much and that gas must be staying in its holes. We have seen it before on many other O&G companies that when the hole has any good news like HC shows, gas in the mud , fluorescence , gushes of oil or gas you get to hear about it quickly. But when there is NOTHING that is what you hear until the P&A flag is raised. When doing production pilots most companies would give you at least a weekly report. In the O&G world NO NEWS is rarely GOOD news.
Now some more Piling-On of the Barnum excessive superlatives like "first stacked lateral production pilot"
We are heroes we stack them wells deep and no coal seam is safe from the DRS026
What does the Blather really mean ? - we will soon have 6 pilots running and still no Production Reports
Will Wilga Park be able to use all the produced gas or will the Flares have to light the night sky around the 'bri or provide free bbq gas for the Pilliga
ESG has become a CSG drilling research company doing every combination of hole in any seam to finally, after much consumption of shareholders money, find the "ACE in the HOLE". Why dont we apply to Mr Flannery the Climate Change Commissioner the one who in the past predicted massive sea level rises and it was never to rain much again much in QLD. We should ge able to get him to give us a $10M grant to cover our innovative cutting edge multi-stacked multi-seam production pilot experiments. The ESG Marketing fellow could easily convince Mr Tim of the great and the good of Gas as opposed to the Evil Coal for the burning there of to produce power for Tim's lights such that he can produce more alarmist theses.
The antecedents of ESG Forcenergy then Gastar drilled the first holes way back early 1990s and there is still no commercial outlet other than wilga park.
Dont worry the Corehole rig the great Boart Longear 1200-8 will be back to CORE us some more - the NEXT Round of corehole drilling activity we can look forward to
Cheers
ESG Price at posting:
64.0¢ Sentiment: Hold Disclosure: Held
