"Stifflemire #1H is the first well of a three well farm-out...

"Stifflemire #1H is the first well of a three well farm-out program with Halcón, whereby Halcón will free-carry
Austin for the cost of three horizontal wells to earn a 70% interest of the Birch Project. The cost to drill these
wells is approximately $10 million per well. "

Just going off the last ann. and I was referring to the total cost of each current well being drilled, haven't really looked up their other "projects" but if they were worth anything the SP wouldn't be where it is :)