How come, when MOS announces a great result from the two Taylor...

How come, when MOS announces a great result from the two Taylor wells, the price goes down??? Go figure.

The Qtrly report just released tells how both the Taylor 20 and Taylor 22 wells have produced gas at terrific rates. T-22 produced at rate of 7-8 MMSCFD (thats 7-8 MILLION cubic feet per day) on a half-inch choke with a pressure of 1311 psi - thats mighty good result.
Taylor 20 produced a similar rate as T-22, but appears to have a temporary blockage.

By comparison, ESG have today exalted the results of their latest wells, stating that these lateral wells are producing at a rate of 250,000 cfpd.

So that shows how good the Taylor flow rates are.

Importantly, MOS says that these two wells are so good, they will be choked back to flow at 1-2MMSCFD, but at those rates they will INCREASE MOS GAS OVERALL RATES BY 25% - 50% !!!!!!!!!!!!!

And the SP goes down ????

cheers