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2105,well thought out post.I just have a few questions for you.1)when you say that "its azz belief that the oyster creek project alone",then you talk about 100m cfd for all wells.I dont quite get what you are saying here.ie rule of thumb if a well flows at 2.5mcfd for a year it will produce 1 bcf of gas.Now I value a bcf of gas at $4m in the ground depending at how fast it will flow out.So at 100mcfd that will be 40bcf gas for a year.Upper pre drill potential for the whole oyster creek project was only 20bcf gas.So when you say "its azz belief" are you insinuating that the project size is a lot larger than initially expected.2)When you mention ayo shares trading at $1.30-1.40 per share there was a hell of a lot of blue sky in the stock at the time.I remember when the stock hit $1.42 a share when they had gas shows at the yesiltepe well in Turkey.they ultimately walked away from the well.3)With you valuation of oyster creek at $1.30 and you only value garcitas ranch at .75c.Upper pre drill expectations were 20bcf and 75bcf respectedly.we have basically had no information on the oyster creek project in regard to flow rates or approx field sizes,so assuming maximum pre drill results of 20bcf x 70% (average for all wells drilled)x$4m per bcf=$A56m.divide this by 158.5m shares on issue.this works out to be 35c a share.Now with garcitas ranch I believe there is twice the upper pre drill esimate of gas.So 150bcf divide by 5 =30bcf gas (approx net revenue interest.)30bcf x $4m = $120m divide by 158.5m shares on issue=approx .75c per share.So optimisticly I would value the two projects at $1.10 per share.If you could shed some light on my thoughts that would be much appreciated.well done and god luck.