Santos results augur well for EEG

From Santos Quarterly report:
"Production testing at the Tanumbirini-1 vertical well in the McArthur Basin resumed in September. Results significantly exceeded expectations with an initial peak gas flow rate of 10 mmscf/d and an average rate of 1.5 mmscf/d during the first 9 days of testing. The results at Tanumbirini-1 provide critical data to inform the next phase of appraisal, which is expected to include two horizontal wells with multi-stage stimulation commencing in 2021. The recent test results provide further confidence there is potential to achieve economic flow rates from multi-stage horizontal wells."

Our impending flow test and horizontal drill will most likely continue to prove the huge economic potential of Beetaloo.