They may have seen many "gas" indications on the well logs in "at least 3 wells" but it is unlikely that every gas indication (zone) was tested. Without a test, one can not conclusively state that gas was discovered. There may have been zone(s) in a 4th (or 5th) well that were too thin or had other issues which deemed it not worth the expense to test. That could be the justification for their statement of gas in "at least 3 wells"
Biogenic gas is natural gas; it happens to be all methane.
Extending Phase 1 would allow them to do additional work without assuming the full drilling obligations of Phase 2. It also allows extension of the entire exploration phase of the blocks and postpones the (partial and complete) acreage relinquishment obligations common in most exploration contracts.
Yeah it only took over a year of analyzing drill results to figure out that they found gas in "at least 3 wells" ! Good work boyz ! How much experteze and how many computer programs were employed to arrive at such a detailed analysis ? Thanks I really enjoyed being jerked around like this for 5 years !
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