how much do you want to pay?, page-9

woody , for me the option is more risky than heads , however, if this well proves to be commercial, which the numbers say it will, then the options could easily find themselves in the money if any further wells are proven to be commercial, even on gas alone.

If you want options in my opinion I would go for ggpo as there is almost three years with a cheaper strike price of 8cps. They are about 55% dearer but with 500 % more time to strike. Personally I'm happy with vil. I hope this helps a bit. )