Good question. My take is that theyre only testing two of the...

Good question.

My take is that theyre only testing two of the deeper primary target zones and leaving the upper gas shows at this stage because:

a) - The deeper plays are more likely to be conventional and were always the primary objective here (validates many other drill spots)

b) - The deeper plays wont take as long to individually log and test being only a few larger zones.

c) - They can flow cash quickly then come back for the other gas shows later on

Also listen from 10mins30 in this old presentation - he basically explains everything back then:



For me at this stage the key is that they log a net pay that is commercial, pipeline quality from the deeper reservoir. Even if its in the order of 200bcf -at this stage- (100 net to SGC) its still worth a significant value to SGC. 100bcf is still worth $350m sales net o SGC vs $30m current mc.

Everything is sounding extremely positive at the moment for this to be commercial discovery. Lets await the updates.