Regarding your points:
1 Agreed it was their hypothetical case
2 It was 66cps based on the 25% successful wells finding 16 mmbls
3 Agreed
4 Geezer is saying how much per successful well and you're talking about per well so you're basically saying the same thing.
Even though the flow numbers look good I don't think we can tell how 'successful' they are until they calculate reserve numbers. In other words if they finish the phase 2 drilling with 9 wells (the 25%) exactly like NS-4 does that get them above/below 16 mmbls?
hahaha, page-6
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