* Carynginia Interval 1 (50m or 20% of interval thickness)...

* Carynginia Interval 1 (50m or 20% of interval thickness)
350,000 cubic feet per day
PM comments ( 19/2/13 ) "..flow rates are likely to increase.."

* Carynginia Interval 2 (50m)
Presumably still plugged
Assume: 350,000 cf/d

* Irwin River (total interval depth 330 metres, secondary shale gas target)
Unconfirmed flow rate. NWE comment: "The flare ignited within six hours of opening the well which is an encouraging sign".
Assume: several 100,000 cf/d

* High Cliff Sandstone (22m)
777,000 cubic feet per day
NWE comment: "This rate is expected to be significantly higher once the zone is fully cleaned up with a high proportion of injected water produced out of the zone, enabling the gas to flow more freely .."

It looks to me as if it is hard to avoid a conservative estimate of 1.5 to 2 MMscf/d, which compares favorably with AWE's Senecio-2 well (1.35 MMscf/d), believed to be commercial. Once these results from relatively small vertical intervals are extrapolated to long stretches of horizontal drill pipes, you are beginning to look at a lot of gas …. Meanwhile, buyers (in Perth and India) are ready to sign the cheques.

Don't worry about daily share price gyrations. Good things take time.

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Opinion only. No advice intended. Do your own research.