counting chickens before they hatch, page-2

MArketinfo

I agree that ARQ looks good but may I correct you on the results from St Georges Range 1.

The actual flow as per the well completion report is from DST 1A not 2.

I quote from the report

None of the shows of gas are regarded as significant; a test of one of the better shows (10,348 - 10,678') recovered gas at a stabilized rate of only 102 thousand cubic feet per day. Most of the shows occurred in zones of poor to no porosity and permeability

end quote.

So the gas amount was measured in cubic feet not metres!!!

The key for ARQ in the northern Canning basins is to find a structures that are relativity unfaulted with a producible reservoir.

That is not the case with St Georges Range anticline!

cheers

PC43