Ann: Commercial Flow Recorded At Well ZJS5 , page-2

Only 1 payzone fracced and 160,000 scf/day. I believe only 1 payzone is allowed to be fracced to develop a Chinese Reserve Report (CRR)

Euroz Securities on their conservative coverage of Sino SEH indicated 125-150 @$7/mcf was minimum economic cut off. However prices are forecast to $10/mcf over the next few years in China.

Euroz use 450 mcf/day in there valuation for SEH, which is below the actual average which is distorted due to one monster well

160 mcf/day isn't great but it's good. It shows the ground they are on is commercial and where this is one there is usually another and another, with that potential for upside of bigger flows

Expect some action in the UK tonight after yesterdays public holiday! Aus punters fallen asleep on this one