operational update is positive, e4 has gas !

Wells Update - E2 Frac done and in cleanup and Gas encountered in E4 similar gas shows to E2 gas



E2 - Frac completed and in cleanup - as expected results in mid Oct


E4 - "...drilling proceeded to intersect the Lawn Shale as expected at 1,055 metres to the current depth of 1,312 metres with similar gas shows observed throughout the interval to the Lawn Shale in Egilabria 2. A stronger than expected buildup of pressure has been noted in a number of desorption canisters filled with Lawn Shale cuttings from the Egilabria 4 well. This substantiates the presence of a continuous gas-charged shale sequence between the two wells..."