Financing close with most conditions precedent met (Why arent the CPs disclosedl
Drilling has commenced with success in most spots
Production from Phase 2 wells contributed
approximately 57 kboe in Q1 FY19, an
increase of 14% from the prior quarter, and rates in excess of 4 TJ/day were reached = not close to the 10TJ/day, But they mention optimisation still planned
No financial outlook yet
BPT 10 well drilling campaign commenced
Enough to be excited about, but still not enough info released on WSGP but certainly great to see drilling has kicked off again
SXY Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held