NSA estimates based on 2 zones and 2D Data
Low 1.08bcfg
Best 3.98bcfg
High 14.22bcfg
3D Data
5 zones
Drilling has found gas in first 3 zones. Then we have a kickback
The other two zones will have gas
Conclusion:
I think we are fast approaching the high estimate. If we hit the high estimate the p/s is $2.20 as this is what 25% of 14.2 BCFG equates to.
Anybody selling now..... Is as the old saying goes "a fool and his money are soon parted"