re: cash flow from well 1 - paulhart I think there is no point people taking anyone else's calculations too seriously...do your own.
The thing to remember is that there are going to be multiple wells with similar initial gas flow rates...means more cash flow (whatever definition is used). However, those flow rates are initial, and one has consider the sustainability of the flows over years to determine how much this field is worth on a per share basis.
The company's own forecasts (simplistic and done before flow testing) are pretty good in my view and more than justify the SP appreciation. the company has a pipeline of opportunities and now has cash flow to support it. It's a growth stock and should be treated that way.
regards
DF
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