Any purchaser of gas or indeed funder requires an INDEPENDENT...

Any purchaser of gas or indeed funder requires an INDEPENDENT 3rd party valuation which if my calculations are correct the WGO has a certifiable gas value in excess of $3.5 billion (hopefully that’s right but if someone out there can 3rd party verify that statement) and that’s with just one well drilled. You might expect that after more wells and time this figure could be 3 or 4 times higher.So before we all start finger pointing at WGO management let’s concentrate on the fact WGO now have a significant certified resource with a relatively clean slate.
STX also has a share in a great asset, they may feel they have a higher figure which if it turns out to be the case great for all however they do have the issue of having pre sold some gas ( no idea of what the agreed price is ) and the potential of the old UIL blocks.
They also have either the liability of Jaws or a huge up side still to be proved.
Clearly there appears to be differences between the two companies approaches therefore we can decide to back them both or stick and SUPPORT the management of the respective company.
So in conclusion if anyone is not happy with WGO sell up and buy STX