Would love for my limited understanding to be corrected/refined, but as I understand it, the 1mmscf/d is for a field to be commercial, not from a single well, and these wells are undersized and poorly executed for production testing so underperforming is expected. No?
I think the certifiers will have a challenge to extrapolate from the data they have. My guess is we're probably going to see a greater than usual spread between 1C - 3C.
The fact the price has barely moved since they've committed to releasing the resource has me a bit concerned. Very rare for buy the rumour, sell the news to be completely useless.
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