Encounter and Hollick #1 drills are targeting 200 Tcf of LNG....

Encounter and Hollick #1 drills are targeting 200 Tcf of LNG. ADE with a 10% stake in this resource will skyrocket when testing of the cores and data from the Encouter and subsequent Hollick is collated.

- 200Tcf of gas is worth billions
- 10% of 200Tcf of gas is worth billions
- If we shade the discovery to conservative 20Tcf and a recovery factor of 25% we get 5Tcf which is worth billions
- 10% of 5Tcf is worth hundreds of millions

ADE's market cap today is $34 million, Mid 2011 ADE's market cap could be worth $340 million, that is a 10 bagger.

Average shale gas recovery factors in the US are significantly higher than 25%.