Gas in the Wagina was my trigger for taking the plunge during the drilling of WE-2. Admittedly, I forgot to get some pre drill, in WE-2, so i had to pay up, as it (Wagina gas) was enough of a signal for me that the primary Kingia/High Cliff target was going to come up trumps.
The fact they've seen enough gas to make the decision to run production casing for possible future testing also tells you theres a good chance theres a lot of it there. The Hancock folks are pretty smart people too, so getting JV agreement on this is a good sign.
The rate of progress tells me they must be having some shitty drilling conditions...does everyone remember WE-3?
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