Mike, Lani,
There are calculatable numerical answers to your question.
Simplest would be compare the IRR of a vertical well as compared to a Hz well that GGP is planning.
ALternatively look at the Profitability Index - similar to above, which also takes the NPV10 of cash flows and divides by initial Capex.
That takes all the emotion out of it. Just a number.
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Mike, Lani,There are calculatable numerical answers to your...
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