Price per mcfe valuation analysis

[admin]

Thanks a lot Sam, this is good stuff. We'll have a look at the numbers. Although partly captured by flow rate, but there are other characteristics of the resource which show it's quality. The fact that there is a dolomitized reef on top, rock with very good porosity and permeability (in Ant2 flow test, all the gas came from the top few% of the resource)

The size of the payzone, with 2277ft and 1175ft of net pay, these wells are very large indeed and only a few have to be drilled in order to supply the plants.