Esteon i think youve raised more questions then youve answered there. This highlights the complexity of the situation.
However in an attempt to simplify it, what it does show is that AUT has a lot of options in terms of target depths and potential pay zones. AS they progress and get the luxury of time and spare cash flow im sure they will experiment.
On the flip side, will they tell us if they put a successful well into the Austin Chalks or Edwards???
Perhaps they may keep it queit while they secure or poach lower pay zones in competitors acerages???
There are so many possibilities and so many potential pay zones. As Jon Stewart keeps saying, this is not a short term play, it will unfod for decades.
new investor, page-30
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