Oil - The road to recovery, page-3

"In the northern Midland Basin, Devon agreed to monetize its working interest across 15,000 net acres in Martin County, Texas along with 13,000 net acres in eight surrounding counties for $435 million. Current net production associated with this largely undeveloped leasehold position is approximately 1,000 Boe per day"

So $15.5K per acre, "largely undeveloped". Some hope then for us...

Thanks
pb