Yes he's clearly the 'Guru' on Shale Oil in Texas. Makes the rest look a bit ordinary, really.
I'd expect that we'll see 50c in the new year as all these wells get flowing and 1P hits over 50 MMBOE as it certainly will imo, then 100 MMBOE at the end on 2019 imho.
More producing land in this black gold reserve will only enhance the story further.
He's cleverly hedged the correct percentage (from the allowable range) at a great price showing that 40 years in oil teaches you something that others can only dream of.
The boy's a winner for us!
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