Ann: STX: Walyering Update, page-9

Yeah I don't know either. I went conservative and just did it based on gas to domestic market. Depending on how much condensate, certainly potential to increase the estimate.

if I go a step further and still assuming 50% margin and a conservative 6 x ebita valuation, you are looking at about $100m valuation on Walyering alone which is approx double current market cap. This is getting very interesting very fast.....