steve true 1P does mean its economical at todays prices but it...

steve true 1P does mean its economical at todays prices but it doesn't mean its hugely profitable. They could break even on costs and make 20 cents per mcf and still be considered economical that doesn't make it an attractive asset. IMO its all about how profitable it is especially when the less profitable plays are been shut down everywhere because of over supply.

The IRR should have been released in full otherwise really everyone is guessing.