QUARTER HIGHLIGHTS Gas sales volume this quarter was 23% higher than the comparable period in 2006/07. EM38 which started producing on 19 December 2007 recorded instantaneous flow rate of 1,250 Mscfd during this quarter. PRODUCTION & SALES Production and sales from the Camden Gas Project with JV Partner, AGL continued during the quarter. Production (SGL Interest: 50%) �� EM38 was the best Surface to In Seam (SIS) well this quarter producing above 900 GJ per day. �� GL06 delivered the highest individual vertical well production of 800 GJ per day during the quarter. Sales �� Total sales volume (i.e. 100%) from Rosalind Park Gas Plant (RPGP) wells during the quarter was 1,307,787 GJ (1,307.787 TJ). �� SGL’s share of total gas sales for the quarter was $2.16 million. Need to read whole report... Angers
SGL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
