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50-50 Joint Venture with Mitchell Drilling Corporation - one of Australia's most experienced owned drilling company in surface-in-seam drilling technology |
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Dymaxion® surface-to-inseam technique uniquely suited for low permeable coal seams |
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Successful producing well better than forecasted |
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10 year China exclusive agreement |
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Significant reduction in surface utilization and vertical wells to develop acreage |
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Australian and Chinese drilling crews working co-operatively |