this is same property even if you increase the area by 100 times the P1 does not add up i may be wrong or not 100% correct with the correct P1 reserve however this MAD story looks more and more like CCC okap ventures
range resources one of okap ventures also had same kind of asset in ohio or kanas or both small 50 well first year then increase to 250 however the had to write off the whole investment anyway DYOR
this change in high impact drill target IMO is all BS..... if i am developing an assets for last 30 years why is that i have not targeted this high impact well in this 30 years working in houston is my question to MR DH and BS
FDM Price at posting:
99.5¢ Sentiment: None Disclosure: Not Held