Waiting for two quartals in 2024 for a simple well production...

Waiting for two quartals in 2024 for a simple well production test to confirm commerciality of the Upper & Lower Angwar is a too long waiting time ( even when you plan to deepen the well for this production test). Technically and for the stock market.

The 39 m net are not world class, but could deliver a commercial production rate as long as the hxk is good.

an overpressured formation as the LA is not at all a guarantee for a commercial production. But the higher the reservoir pressure the higher the gas volume at standard condition.

I still think that IVZ wasted too much money and too much time to get these bloody wireline samples to surface instead of focusing on running the casing in the hole earlier and do some real production tests with a flare. I would not be surprised if the costs for Baker and Schlumberger Wireline Service are in the range of the rent of the whole drilling rig.