The testing does not require a high spec rig which will be more expensive and better deployed drilling. The test equipment is expensive to mob and demob. So the most cost effective and efficient method is to only have one mob and demob and do them one after the other.
Other than the timing nothing much has changed, post PW lies. So if it was good enough at 50p / 70p it is a bargain now. I am preparing more funds to top up and it is my biggest holding by far.
We are an E & P company. So we explore and produce. In 18 months when these wells will be ready to produce / sell who knows what will happen and what customers we will have. We should not stand still licking our PW wounds.