Based on your logic, SEH management should give a commercial threshold on every well drilled. And, quite clearly, every oil and gas company worldwide does that, NOT. Because every well has a different commercial threshold based on depth drilled, frac or unfracced, distance from pipeline and production plant, plus a multitude of other variables. Sorry, I can't ask SEH management for these - I think they'll look think me a bit stupid, hence the reason why they have a commercial threshold of 125Mscf/day and some of the wells are 20x this - I'm very comfortable knowing SEH is very commercial, when they start receiving their cash.
SEH Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held