dls presentation today, page-10

TR,

the way i read it is,
Gas Commercialisation:
phase 1 for FEED completed,
next step,
awaiting the developement of a financial decision case.

in building the financial decision case , DLS are aggressively hunting for gas and building up the resources to make it feasible, it will take many years for the unconventional methods to be put in place and to have successfully proved up 3P reserve's on pel 106, this in turn will provide a strong financial case for a go ahead in the future of a stripping plant.
the concerns of the gas in adjacent permits being high in co2, is only a bonus in providing a positive result for a financial decision case.

it is quite clearly stated on the DLS website, on the Cooper Eromanga Basin: Pel 106 link, that the Work on a Gas Commercialisation strategy is still in play, by providing a link to it.

the diversification of non-core assets, either for sale or by farm out, coupled with the increased oil production and prospects, will adequetly fund this unconventional project which will inturn form the bases in the Gas Commercialisation project.

i look at DLS from a broader scope not a narrow lense like your's, this is the reason i don't bother with your dragging up the past, pessimistic, unsubstantiated knitpicking opionions, they are meaningless to the future and the reasoning for investing in DLS.
Hope this answers all your questions, but only time will ultimately tell?.

Rokkett.