sto comments about the nsw csg seams

I assume everyone on this thread is also reading the ESG thread. But if not, listen to the conference call between Knox of STO about insto investors about the ESG and NSW CSG acquisitions. The excerpt below is from the ESG thread. Those 4-5m "gassy" seams identified in the recent drilling in PELs 427 and 428 may be of more interest that first thought.


Thanks for that stuff on the thicknesses Hardman. I was a bit suprised when Knox mentioned the NSW seams are much much thicker. It would seem that those 4-5m "gassy" seams in 427 and 428 may well be more commercially viable then first thought.

and GP I have watched a few "kettles" boil. Tomorrow, I expect we will see the buoyant Friday afternoon continue and hopefully this will spook the short selling that has been ocurring.