My definition of commercial is positive NPV - ie taking into account drilling, fraccing and cost of capital
I seem to remember a report/presentation from them that they were looking at ip of 400 to be commercial
anyway should get near enough, I think peak IP is ususally around 40% frac fluid recovery on other formations,
ok so
1 dud
1 ok
1 tbd
2 very promising
We should have a great indication of where we are by easter me thinks
My definition of commercial is positive NPV - ie taking into...
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