I don't think many understand what has happened as can see by...

I don't think many understand what has happened as can see by the sell off and I hope this might help.
The well pressure was 10,000psi which is great pressure but because of the compaction of the formation(pay sands) permiability is low the gas can't flow properly out. Fraccing breaks up the sands and and makes it more permiable for gas to flow. I am not sure wheather they do one frac or multiple. but upon fraccing gas will flow that is for sure. The removal of the fuid has to take place to prevent damage as releasing the gas on fraccing could damage the well. That gas flowed is a postive we know there is gas down there now needs to be unlocked. They will use frac fluid and sand which I will describe in way anyone can understand

To improve production from oil and gas wells, sometimes pressure is used to fracture the rock formations to allow better flow of the hydrocarbons to the wellbore. When the pressure is removed, however, the fracture that was created closes back up which dramatically diminishes the effectiveness of the fracture.

Frac sand is sand that is pumped into the well during the fracturing operation. Since the sand is carried along with the fluid into the fracture, it will remain in the fracture when the pressure is removed, keeping the fracture propped open and allowing a good means by which the hydrocarbons can flow to the wellbore.

The fractures that are produced are usually vertical, which presents a problem. The sand is heavy and would tend to settle to the bottom of the fracture, keeping the bottom open, but allowing the top to close back up.

The frac fluids are designed to flow well and carry the sand during pumping, but then change to more of a gel when pumping stops, holding the sand in place until the fracture closes, trapping the sand between the rock layers. After that, the frac fluid decomposes and will flow again so that it does not obstruct the flow of hydrocarbons, but the sand has been trapped by the rock and keeps the fracture propped open.

All is not lost my frieds thats why buyers who understand have been buying today.