RE:VLE's and EW's facts meet complacency, ignorance, insults Pretty obvious you know nothing about the story beyond the numbers from the first well. You really should do some research to understand that the rest of the story is very compelling and what is driving the SP movement. The first well location was purposely selected on the perifery of what was believed to be an pressure sealed overpressured basin centered gas accumulation. The expectations for this well were low being likely away from natural fractures caused by fault lines but they want to test the success of getting gas to move with only two hydraulic fracture stages/four test intervals in a vertical well. They got gas to move at rates above expectations and also unexpectandly found condensate for this "worst case" well. Now for the next well in 2018 lets move to the centre of the 1600 km2 area well over 1 km deep of overpressured gas close to fault lines and plenty of natural fractures and drill another vertical well then lets now look at going horizontal with a 2 - 3 km leg and dozens of frac stages in a country that imports over 95 % of its natural gas at about $7/mcf. Starting to get the picture why everyone want in......
I agree that this is still in the exploration stage but with every test the BCGA theory is proven and being de-risked slowly but surely.