STO 0.45% $6.72 santos limited

Ann: 2018 Third Quarter Activities Report, page-2

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  1. 1,632 Posts.
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    Santos just reported on a CSG pair well they achieved significant results. What is interesting here is Santos does extended production testing at the start.
    Other CSG companies have a lot to learn on how to build a successful CSG gas project.

    Quote from Santos latest quarterly:

    Eastern Queensland
    The ATP-1191-P Mahalo permit Mira pilot was shut-in after 10 months of testing. The Mira-2/6 SIS well pair reached a maximum gas rate of 1.4 mmscf/d, exceeding expectations. The Mahalo JV is working towards further appraisal drilling and testing in 2018/19 to confirm a promising coal seam gas resource.
 
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