Not words of a man that wants to compromise on value imho.
He missed out with huge chunks of EF with Burlington. Not gonna happen with this one.
Given he took up that outer acreage I wonder what his preferred exit strategy would be if he has this attitude on maximising value.
Im guessing he is probably of the attitude that this acreage just brings that much more economies of scale IF the sweet spotting extends into these areas and who's to say it doesn't given his already expansive/extensive knowledge of this geology via all the seismic and well analysis he has done.
They arnt words that lack confidence r they Db.
Lets hope his confidence is not misleading.
My guess is it wont be.
Ice 2V will be illuminating in this regard.
d.
88E Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held
(20min delay)