2-3 months until a given commercial flow. But he will be buying 2 weeks before commercial flow and run it multiples which we all know will happen either way. Will still end up north of $2.40
PAC calculated on conservative discovery so far 1.3TCF but we know net pay will increase dramatically off current values as more data is collected and go multiples as the drill deeper in lower Angwa spilling out with gas. Will be become a 4-5TCf appraisal off this one well. North of $2.40 is coming
PAC value at $0.77 per share, page-38
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