Bliss, as politely as I can put it, but, please Google up "shale gas" (not LNG) and have a good read of Wikipedia and the other articles.
The 300TCF (GIIP, not reserves) is what BPT "claims" is in 218 and believes that that is replicated in 855. We are all waiting with bated breath to have those "claims" and "beliefs" translated into "results."
It is also "believed" by independent sources like the EIA, that around 20-25% is "recoverable".
But, 855 "could" be huge, as BPT exclaimed once and as far as you and me are concerned, let's just hope that Halifax-1 confirms BPT's "beliefs" and if it does, it would satisfy the 2.2TCF that we have to prove up to put that $30Billion GSA into the money.
That's what it is all about. Relax.
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Bliss, as politely as I can put it, but, please Google up "shale...
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