Totally agree, and can see why some would be sceptical, but the difference here is, this is the EFS, near %100 strike rate with exceptional well economics, the reserves that will be booked just from fayette county acerage will exceed a NPV of $300 Million. This is'nt some basin in AUS that has limited well data but is being talked up as a POTENTAIL COMPANY MAKER and nothing ever happens.
Ive said it before, i dont rate their AUS projects one bit and would love to see them sold to fund development of their US operations.
Ive was in AUT and EKA just when the EFS started to heat up and have experienced just how life changing the EFS is.
Cheers.
Totally agree, and can see why some would be sceptical, but the...
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