Good morning Investing2012I take the opposite view with regard...

Good morning Investing2012

I take the opposite view with regard to it being a worry that we have a tight gas play in the sandstone deeps.

In the recent ASX announcement Tor was reported as saying: ‘he was very pleased by the level of gas shows that have been recorded from the well, across such a thick reservoir section.’

In 2018 we achieved a 230,000 scf/d stabilised flow (over 24 hours) from just the upper 13m of the target reservoir. Now that we have drilled through the entire sandstone section allowing the lot to be stimulated - I’m expecting good results - especially as there are strong gas shows in all four thick sandstone packages.

I’m no way well versed in the technicalities of fracture stimulation - but I would have thought that if we flowed at 230,000 scf/d from just the top sandstone package without stimulation - that with four sandstone packages all showing strong gas shows and all being stimulated at the same time - that the resulting gas flow results would dwarf the previous 230,000 scf/d.

Here's hoping and just my take for what it’s worth…