Re: "Tell me what your spreadsheet predicts for 600MB SNE and 200MB Bellatrix which could be confirmed over the first three wells at $50,$60 and $70 P/B as thats where I think we will be in the coming months?"
This gives the progressive suggested market values for SNE 600mb and Bellatrix 170 - near enough to what you have asked I think. Add 15% for transient high enthusiasm target. Includes built in T/0 premium of 10%.
pj
Far Pre-Trade 16th October, page-32
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