Looking over IRR
3 sites
1P = 139 Bcf billion cubic feet
2P = 85 Bcf
3P = 18 Bcf
Then it says total 3P = 243
So what does that mean? is the gas all just 3P
PES asset sale of gas.
2P 522
3P 2,510
Contingent resource total = 5,649 not sure on bcf or mcf
Tests where 225 mcf/d
and 425 mcf/d
im unsure what the test part means except maybe running gas but im sure someone on here will know, so PES went from $2.25 to $8...cant really see MAE doing anything anywhere near even the lower figure with the IRR released.
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