The essence of gas expro (and to an extent oil expro) is that each set of values allows the reservoir team to re-evaluate and re-focus.
At the present strike rate, I can't see future wells not exceeding present flow. And that Wildcat strike is no longer a distant prospect. Each revenue well drilled, is a cash flow and justification for another. If you drill and find, you keep drilling and finding. It's a lomg horizontal play, and the main criticism should be the length of time analysing and polishing average producers instead of drilling on for the black. Get the black on, then go back and pimp your greys.
:)
Don't forget ORG...I have no ramp interest, I just know stuff...its a 12 month no brainer for a good return.
ADI Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
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