@ecker, if you wish to use "single well economics just an indicator of profitabilty" then go for it as IMO it is further away from an indicator of profitability than EBITDAX.
Look back through the posts - you'll see I put their (AKK) decline curve and shown the cash flows on a corporate basis. They give you the assumptions. Verify for yourself then challenge the assumption to what is known.
Good luck - every investor is in/out for their reasons.
AKK Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held
