ESG 0.00% 86.5¢ eastern star gas limited

Recognize the speal, its not from ESG but from SANTOS to dayA...

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    Recognize the speal, its not from ESG but from SANTOS to day

    A new announcement has been released for STO
    Summary: Eastern Australia Business Unit Briefing Presentation
    Announcement number: 184649
    Release time: 9/26/2011 5:56:00 PM (this announcement is viewable

    YES TODAYS DATE

    Check this slide
    Slide 19

    with favourable permeability and gas content
    Existing PEL 238 appraisal pilots producing >2.5TJ/day.
    Good to excellent permeability
    Permeability data derived from DSTs
    Interpreted permeability >1,000 mD
    Master cleating identified in PEL 238
    Good to excellent permeability consistent with results from PEL 238 lateral pilots

    High gas content similar to Bowen and Surat Basins
    20m3/t (daf) ␣ High saturation confirmed by early
    gas breakthrough in PEL 238 pilots

    Gunnedah Basin 150;PEL 238
    World-class CSG assets resulting in competitive cost of production &
    Excellent coal thickness
    High permeability
    High gas content ; High Bcf/km2
    Existing infrastructure
    Lateral technology

    Santos focus on maximising optimal efficient operations and demonstrate continuous production.

    End of Slide

    and if you read all the postings on Hot Copper Santos site for the last month other than system announcements you can cover the entire 4 postings in a minute. We will have to get a new day job as we probably be unemployed shortly.

    Cheers Mattocks
 
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