This is a guess on what I have found looking at the other C/o's in production in the basin, took me a week in between other things to find it.
Here goes and It's only a guess so don't shoot me.
In good ground 150000 cuft pr day pr hole for 40 years more or less. Now there has been wells producing much less and others much much more (time and flows) hence the piece of string. Punch down 100 holes 95% productive.
SO lets say 100000cuft pr day pr hole x 95 holes/
1000 cuft=$7.50 US +-atm.
You guys do the math. Also Gas is 1/2 the price it was last year, good upside.
Some will agree some will not.
Lets see when the results of flows come out. Caution flows are only for the first 2 holes I believe.
THIS IS ONLY A GUESS SO DONT BUY OR SELL ON IT PLEASE.
YES I am a holder
If I'm wrong I'll accept the flack. Im trying to be nuteral If it goes to .05 or .10 in a year thats OK.
IMHO
DYOR
Cheers all
IMP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held