http://www.foxbusiness.com/markets/2017/01/18/exxon-bets-big-on-american-oil.html
So does this mean our JV 700K acres is worth around $17Billion ?
Probably not.
BUT
Interestingly Exxon has paid eqv of $6.6B in stock for 270K Permian acres
So it begins to put a theoretical magnitude value on what we have if we get good results.
d.
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$30Billion for 1.2 Million acres
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