Icewine S/T outlook., page-47

The capital structure of the company has to be the most easily researched part of what you posted as it is factual not speculative. Yet, you could not even get that right. Not a good effort to justify the minimum of credibility. Take a long look at what you posted and compare to reality, as shown below.

http://88energy.com/capital-structure/

As for the rest you have written, it is clearly your thoughts on a one of a kind hybrid play with unique characteristics, So much so, there are no experts as this has not been experienced before; let alone a shale play at 11,000ft. Perhaps that is why DW called it at 50%. You have in effect tossed a coin,then stated it will or will not flow. The coin PB and DW toss is used for various stages needed to test if it will flow or not, This is simply not a binary play.