EPG 0.00% 41.0¢ european gas limited

a simple comparison, page-4

  1. av
    2,595 Posts.
    Can't be definite...just my assumption from reading presentation, the fact that they have 3 well cores from Lorraine (2 for over a year), and from Poyndexter's Q&A summary from the brokers meeting.

    The presentation says:
    Lorraine (Saint Avold/Faulquemont/Alsting) CBM resource
    upgrade (in progress)

    They should have all the data about gas content, permability etc in their hands from the 2 wells drilled last year...plus the results of the well currently being drilled...they keep saying there will be a significant upgrade too...

    But no...can't give a definite timeline...

    Overall shouldn't be too long until we get some initial flow rates (next 3-4 weeks given little water in Lorraine)...so either way, could be two exciting announcements in the next 3-12 weeks.
 
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