Maddoc
That's not what they are referring to in this announcement. They are simply stating that the wellbore has been opened and is in communication with the surrounding reservoir.
Before any gas reaches surface, it has to have enough pressure behind it to lift the fluids remaining in the wellbore out of the hole. There will also be alot of drilling fluid that was lost to formation while drilling that will have to be flowed into and out of the wellbore. Is there enough productivity here to do that? We'll have to wait and see.
I'm not bashing things, I'm still holding and confident. But as others warn, it's not necessarily a grand slam just yet.
Picko
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