what if efs produces over 900 ip

I'm sick of negative thread titles, so want to start this one based on the positive info below, and great info find by Cmon.

What if we get 900boepd IP

2c spike? be around 90% from these pathetic lows, MCap $19m!
Free Carry alone on these 4 wells worth $12m NET (our WI being 30%).

Very much bargain territory.


"Thanks Cmon.

They're certainly putting their money where their mouth is. Diverting 90% of their completion budget to what they call their "2 derisked core plays", one of which is El Halcon is a massive endorsement of the quality of the play.

The bit I like is

"results from step-out wells drilled to the south toward Burleson County look to be the BEST WELLS IN THE PLAY"

and...

"We can say for sure that El Halcon is the real deal"

Lets hope so."