Retaining the (circa) 50c SP valuation was both predictable and nice.
What I did notice in the valuation was a LOW well cost of $3m compared to the bakken well cost of $5m. Is this all to do with depth? Does it also hint of the involvement of a "low cost" large JV player?
cheers
Retaining the (circa) 50c SP valuation was both predictable and...
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