why i sold bur and mr steve you are welcome, page-3

A great deal rests on Marlin.

As above - YPU1 will not return drilling costs when you consider NPV. Jet 2 certainly not after drilling problems blowing out cost and only a small revenue interest.

Jet 3 should make a modest profit of a million or so dollars to current NPV.

Overall first three wells average out to a small profit and value will depend on what they produce in about 12-18 months when we should be at about break-even on the three overall. As you note we need to do better than break even on each well to pay admin costs with these running to about $1m-$1.5m per year.

If Marlin does produce a big result it will dramatically improve the profit/loss position and almost certainly provide a better price if you wish to exit.