Your table is wrong, you've got the prices of Big Star & Northern Star the wrong way round. NS is about $11,450 an acre & BS $13,125 an acre.
While in practice the overage price doesn't look bad to that of the WT Offshore deal with AJAX, you have to remember that they already had production of 3,000 boed & included significant infrastructure. AZZ production is less than 1/10th of that (possibly 1/20th of it) and they have a record of 11 uneconomic wells out of 12 put on production.
LOTM
AZZ Price at posting:
50.0¢ Sentiment: None Disclosure: Held