talon petroleum initial valuation, page-6

i thought that was the way that cliff likes to do it

get there first, prove up a play with proof of concept well, then bring in partners on the play. farm it down, then keep on looking at new fields..

the sale of the oil field at the early stages comes after your farm in partner has funded a series of wells..

roundhouse looks interesting..

4 mill a well,, 2 mill for talon,... and i thin kthe wells can pay back quick if what i think i am detecting is true..

all early days

all imho and dyor