The first two wells are expected to be completed by the end of...

The first two wells are expected to be completed by the end of November with completion of the third expected early in the new year.

Leyshon expects total cost for drilling, logging, casing, fracture stimulation and flow testing of the wells at about US$5 million (A$4.9 million).

Commercialisation of any discoveries is expected to be rapid as the wells are located within 10 kilometres of a tie in point on the Lin-Lin pipeline which supplies the growing demand in Shanxi Province where well head contracts have recently been struck in the US$6-7.5 per thousand cubic feet range.