Yes, I thought this one would give us an idea of possible value....

Yes, I thought this one would give us an idea of possible value. They even had a small piece of acreage near AKK in Texas, but main play was the minority stake in sugarloaf.

Interesting you mentioned the $120m as that target statement is pretty close with 500-600boepd (which you wouldn't pay $107m) but the potential of 2000boepd, discounted.

I think this is where we could head over next 18 months
roughly 6c.

For more seasoned and LT O&G investors, they'll be looking at the payback and EUR. The IP is rather ST for trading.

So far these look good "on paper" (Halcon report)