Perhaps Ken will also provide some detail as to the permeability of the C and D sands in his next report.
The initial report on porosity "Preliminary log analysis indicates that the well’s primary objectives, the D and C sands of the Cattamarra Coal Measures, have lower interpreted porosity than expected." did nothing to give EGO shareholders much confidence in RGN-1.
Let's hope there will be some meat in the detail from the completion results to provide much needed confidence.
Good porosity and permeability of the 2 sands will provide a degree of confidence of where this company may need to go, eg:
firstly and most importantly a connecting pipeline to RG plant
secondly extend the RG plant but it seems EGO has already had some information on this and recognition that RGN-1 will not be an RG-1 as the proposal is to extend it by 5Tj/d.
It seems the plan is to extend the life of the plant.
I would like to be proved incorrect on the latter.
DYOR
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