Cross referencing the SXY monthly drilling report, and this weekly update, the lateral is currently about 150m into the horizontal component.
I added a few figures to my "for the purposes of scientific enlightenment" calculation.
A 1500m lateral would indicate a circular area of 7.1 km2.
Some other enlightenment may be necessary to understand exactly how the formation is structured to relate this - but one metre of pay zone would contain $20M of gas for my reckoning.
PGS Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held