totally wrong.
1) drilling Wayerling free carried definitively expands their ressource base, by additionally "saving" cash on hand
2) drilling SE-1 does exactly the same and underpins their gas fairway story (drilling one SE well is worth twice WE wells --- because of their 100% ownership)
Drilling WE3 might extend their ressource base by - maybe 15-20% - due to higher gas saturation than expected, divided by 50% prospect share (100-150 bcf).
Drilling WE3 only helps WGO (from STX perspective - its proven and can be drilled whenever they want). STX is really clever by doing -exactly- what they are doing.
just my point of view.
Ann: Strike Set for a Transformational Second Half of 2021, page-98
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