The two wells will most probably require fracking, but this is common in surrounding CBM wells which also have poor permability but flow commercially after fracking. I have discovered that the brokers report mentioned by others on this site was done by BBY research. It is still being finalised and will hopefully be released to corporates in a couple of weeks. However, I know someone who sighted a draft copy and he comfirmed the .30-50cents sp and said it's all good.
EIV Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
