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Leyshon flow test disappoints

Shares of China-focused unconventional gas explorer, Leyshon Resources (LRL), shed 24 per cent after tests showed the company’s ZJS5 tight gas well could not produce commercial flow rates without fracking. It was hoped that at least one of two previously identified potential pay zones could flow without the need for stimulation, but that is not the case.

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By Matthew Allan,
19 December 2012

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