FPL 8.33% 0.7¢ fremont petroleum corporation limited

Ann: JW Powell 23-25 Well - Operations Update, page-31

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  1. 6,312 Posts.
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    An IP30D of 20MMcfpd would be roughly equivalent to some of the better results being seen in the Haynesville shale from ~7,500 laterals.


    3 things would happen

    (a) FPL would put out a presentation noting this and highlighting acreage being transaction at ~$11,000/acre thus valuing Pathfinder at 21,000 acres time $11,000/acre = $236,500,000 or $0.192 per share or roughly 30X from $0.006 per share


    (b) you are woken from the dream by an Elk grazing and realize you are at Pathfinder and not the Haynesville.


    (c) Posters will bait one another, leading to moderation (of posts but liberal amounts of beverages).


    Good luck with all your investments



 
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