PES pepper residential securities trust no. 21

cameron 1 result tomorrow with quarterly

  1. sle
    7,430 Posts.
    lightbulb Created with Sketch. 58
    I dare say PES will release the promising CSG play information namely the Cameron 1 results tomorrow with their quarterly. Heaps of drilling on the horizon in one of the hot spot arenas namely CSG plays. Reserve certification to be completed by MHA Petroleum Consultants concerning Dingonose and Duckworth.

    Drilling of the Dingonose-1 and Duckworth-1 prospects is complete, and the Company will now progress with piloting of one or both of these wells. The Company believes that the evaluation of the core data, wellbore logs and permeability tests have demonstrated that both of these discoveries have the key ingredients for a commercially viable CSG development (high gas content, good to high permeability-thickness, and sufficient areal extent).
    Bottom hole pumping equipment will be installed in the Dingonose-1 well bore to dewater the coals and establish the long-term delivery profile. MHA Petroleum Consultants have been engaged to assist in the analyses of the well data and for reserve certification.
 
watchlist Created with Sketch. Add PES (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.