Pg 17 Rodman Conference. Success rate to be determined.
Hawk Springs
VALUATION METRICS
413,000 Bbls per well
1 Well per 160 acres
NPV 10 US$18.9 per bbl
99 wells at 50%
53 wells at 100%
Net SSN reserve 42.3 mmstb
NPV 10 US$799 million
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