Extremely poor form from Aminex. You can't tell me (ok, you could, but I wont believe it) that they did not want to release one to sugar coat the other and it failed....
Logically our ~8 Bcf with no infrastructure cost is worth good $$ and Songas was not built on one well, this could have been highlighted along the way..
I have always felt that anything above 20Bcf was a success and guess what.. we got it (why didn't I say 500Bcf..).
The reality is that this area requires multiple hits to get where we want to go, history has proven that this happens and guess what... it adds up..
Ok.. Still would have been nice to have had more... but this is a good result..
KEY Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held