debt, page-14

I heard same $3 per BCF

Currently MAE has about 260 BCF of which about 120BCF are 1P

So if they get to 1TCF we could assume about 400BCF 1P

or $1.2 Billion dollars !

Not to mention the potential 600bcf 2P at say $1 per BCF

thats $1.8 Bill and with a current market cap of around $200 Mill at 70 c that would make a $1.8 Bill market cap worth about $6.30

Which is actually pretty much right in between the $5 - $7 target I have