And why triple in the next 6 weeks you ask Ok EXR daydream 2...

And why triple in the next 6 weeks you ask
Ok
EXR daydream 2 well has a gas flow rate of 1.3Mscfd (approx 0.47PJ/A) at a similar drill cost and potential block resource size. SP goes from 6-10c
EXR has $110M Mcap.

MAY $200M Mcap
My guess Alameda 3 will produce 3 to 4 tests that will flow 5-15k bopd or 10-30PJ/a equivalent. Any one test, That’s 20 to 40x EXRS DD2 commercial reality.

Now MAY can pay costs of well with export oil in just 0.4 years. EXR is a long way from that.

on this logic MAY should go up 1.0/0.6 x 20 x 6c = 200c (hang on that’s not right!!)

Anyway point being I’ll take 10% of the same retail market psychology and emotion for 20c.

if we have RESERVES net to may of 100 Mbarrels from u1B, alameda and Marti thats minimum $1B NPV right there and 30c. If we can flow 5000 barrels a day in the second half this year that’s a 900kB supertanker full in 180 days for sale. Sure only 30% of it is MAYs but that’s $21.6 M at $80/Bbl

it’s going to be real soon. 20c minimmm in 6 weeks and then we can watch it run to the moon. Hopefully to 1B mcap in one year not three, AP.