Yes Mike this is a sleepng giant, it will take a while to evolve. I expect to see a major jump in.
A significant gas flow of up to 2 million standard cubic feet per day (MMscf/d) has been achieved from Beach Energy Limited?s (?Beach?) Holdfast-1 exploratory shale gas well in the Cooper Basin. Holdfast-1, the first well drilled to examine the shale gas potential of the thick Roseneath-Epsilon-Murteree shale sequence in the Cooper Basin, is a vertical data gathering well that was recently flow stimulated in seven stages
ADE Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held