Ann: Significant amounts of Oil & Gas evident in Magellan 1 well-AKK.AX, page-50

@bruutz82 ... judging by some of the responses a ticket to fly isn't far off...

OK lets be real...
Surely you can't argue against SL points in post# 20284448 - its E&P 101 IMO.
And surely you would agree this announcement is as far from a flow rate test. I'm not even sure what the meaning of the information is. I'm only agree on the volume math calculation.
And surely you must accept that those rough calculations are NM (Not Meaningful).
And surely the existence of gas is an unpleasant surprise.

And above all else ... your comment " to simply produce and drill above the cost curve. That is the whole point of being a profitable shale producer!" ... that is the benchmark. Profitable, commercial, economic are not synonyms in this business - all look at different parts.

Like I say ... good luck