Based on that and given what the estimates are and
1. Using the bottom end of 6.2 BCF gas per well on a P50 basis
2. Taking into account the cost of a well and take a median between the 20 and 15 mill = 17.5 mill and
3. Using the median cost of between $2 and $3 per mscf
I get lost after this....what sort of earnings per well does that yield at the spot price as it now stands?
Based on that and given what the estimates are and 1. Using the...
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