re: hope this helps to value imp atm Hi ExaminerFirst If you...

re: hope this helps to value imp atm Hi Examiner


First If you haven't yet go and have a look at the sites.

second the (m) is latin for 1000 and mm is 1000 x 1000
hence the (mm) million. (bcf) billion cft (tcf) trillion etc

Now the average hole at fairberg is close to 500,000 thousand cuft per well or better. x 10 is the amount of holes drilled on our lease so far so its as close as I can get to the flow rates without Hypnotising the CEO Bruce into revealing the ann early to me.

As you can see the rock preassure in the area at 4000 ft is around 1000 to 1200 psi so given this the gas flows out at a similar rate depending on the depth of the strata bearing the gas.

As I said before It's to big to write and put on HC but if you look at the comparisons and a bit of lateral thinking you can see its as good as bo derek (not quite I think)
considering all 10 holes drilled so far are commercial.
Further drilling will prove this to be a very good play indeed IMHO

Also most of the smart holders atm are not selling but topping up on the fear factor of others.

What I can say is IMP was worth .016 before the drilling started. What a bargain atm.

Now my good man put it all together for us tonight and tell us what you think IMP is hypothetically worth on say 90 holes (the area can support more than 100 holes believe)

IMHO
DYOR

Cheers

xan