Updated Lightning Field Modeling, page-118

O&G of a tear of late not that you would guess looking at the SP - forward looking gas strip looks good at ~$3 for the next 12 months the economics of another lightning well must look fairly compelling at the moment ..... if all in well costs have reduced from $10M to ~$8M and the well produces on average 12mmcf @ $2.50 net with 80% RI @95% uptime i have payback in under 12 months (assumes no revenue from condy or NGL's)

	MONTH	OPTIONS	CHARTS	LAST	CHANGE	PRIOR SETTLE	OPEN	HIGH	LOW	VOLUME	UPDATED
1	Legend: Options Price Chart About This Report
2	MAR 2021	MAR 2021	Show Price Chart	2.971	+0.182	2.789	2.776	2.977	2.734	165,105	14:45:03 CT04 Feb 2021
3	APR 2021	APR 2021	Show Price Chart	2.913	+0.141	2.772	2.761	2.920	2.727	89,562	14:45:03 CT04 Feb 2021
4	MAY 2021	MAY 2021	Show Price Chart	2.916	+0.117	2.799	2.782	2.922	2.760	49,429	14:45:01 CT04 Feb 2021
5	JUN 2021	JUN 2021	Show Price Chart	2.951	+0.108	2.843	2.825	2.957	2.808	23,997	14:44:01 CT04 Feb 2021
6	JUL 2021	JUL 2021	Show Price Chart	2.999	+0.102	2.897	2.881	3.006	2.864	25,783	14:45:00 CT04 Feb 2021
7	AUG 2021	AUG 2021	Show Price Chart	3.015	+0.104	2.911	2.896	3.015	2.879	13,687	14:45:00 CT04 Feb 2021
8	SEP 2021	SEP 2021	Show Price Chart	3.000	+0.101	2.899	2.885	3.001	2.870	10,533	14:41:49 CT04 Feb 2021
9	OCT 2021	OCT 2021	Show Price Chart	3.016	+0.096	2.920	2.906	3.022	2.889	37,599	14:44:47 CT04 Feb 2021
10	NOV 2021	NOV 2021	Show Price Chart	3.066	+0.089	2.977	2.964	3.066	2.947	6,964	14:41:49 CT04 Feb 2021
11	DEC 2021	DEC 2021	Show Price Chart	3.180	+0.087	3.093	3.081	3.183	3.070	4,799	14:42:45 CT04 Feb 2021
12	JAN 2022	JAN 2022	Show Price Chart	3.261	+0.085	3.176	3.166	3.266	3.153	15,792	14:44:06 CT04 Feb 2021
13	FEB 2022	FEB 2022	Show Price Chart	3.190	+0.073	3.117	3.106	3.191	3.104	4,384	14:44:06 CT04 Feb 2021