For more evidence about how undervalued EPG is check out...

For more evidence about how undervalued EPG is check out PVE.

From what I can gather they have approx approx 36PJ (1P), approx 68PJ (2P) and approx 25.8 PJ (3P)...less than EPG. No cash flows yet and drawing on debt facility...cash = $4million cash with cashburn at about that...market cap = $123 Million.

Its a conventional gas company of course.

Then again, EPG is already producing cashflows, has 140PJ of 2P and huge total resource upside - 9000PJ - Market cap = $46 million.