why the movement?, page-9

"High-Risk Prospects

The quirky nature of shale geology means the risks are high that an investment made in a sparsely drilled prospect will go bust, Nikhanj said. Rock density, porosity and pressure levels vary widely within each field,which means one parcel may hold enough fuel to justify prices of $30,000 or $50,000 an acre, while the adjacent land is almost worthless to drillers"

this is so very accurate and correct for the efs texon is chasing down, i know this for a fact

imho the price point mentioned is also exactly correct for the efs texon has up for sale.