Greanleaf, I will be watching very closely for the p90% result, which is normally the most difficult to achieve and is the only meaningful number for me. The p90% is the least speculative and as close to he actual extractable gas that can be achieved. - Its a real number, whereas the mid p50% and high p10% are more guesstimates (speculative) of what might be there.
If we can get a 50% increase in those numbers it should go gangbusters because of the implications of what might else be in the place.
I am personally a little sceptical of reaching that % because I have difficulty seeing a result like that from only the 3 wells put in so far covering less than a tiny % of the field - otherwise I would have to assume a resource many many multiples of the original 50bcft p90% originally predicted which got pp excited enough to pay over $1.20 per share and was going to be worth $10 once proven.
If that happened which I cant see - what would the sp be worth then, when fully proved $50??? - not likely! Will be good but not that good - nice to dream though.
SO best expect something around the 20 - 25 % range - which would be significant in the context of such a small area of the total field tested, with Leadville still to go - where most of the predicted gas was supposed to be anyway - we haven't even touched that yet.
Still Excited though! MOHO - DYOR
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