OK I will answer my own question Mud Gas shows means there is Gas shows through the mud (pretty obvious isn't it) which means so far there is a lot of gas down there but no traces of oil (otherwise there would be some flouresent cut) so it is still good news as ARQ has always stipuated this as a gas discovery. Note there is still potential for oil down further but the gas LOOK A GOOD BET.
PS: PC43 your full of Sh$t
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