Au, my estimate is Desiree (3.99% WI) is around 17 bbl/day and...

Au, my estimate is Desiree (3.99% WI) is around 17 bbl/day and D&L3 (15.3% WI) is around 15 boe/d for total of 32boed which is $18k per boed. The net revenue would have been around $45k per mth but that would have now dropped a little with the lower oil price. For OGI both wells would have paid themselves off a while back so imo is a good thing for them to bring forward the cash for the new ventures plus their SH's never put any value on these anyway.

The Sinkhole imo was a problem for both companies as it resulted in delay of the planned developments. For us it was less a problem because we had a material WI in D&L3 and Desiree, but for the others the money went to Permian so the Desiree WI was too small to make much difference, if they had been able to keep the 15% WI it would have helped but it's water under the bridge now and I hope they are able to rebuild for their SH's. If you look closely at the June quarterly they did better than they have been given credit for. Not saying it was great but there are worse and also several not trading now.

A crosscheck is our MC is $6.7m less Dec cash my guess of around $2.7m gives $4m EV. Our production including WK & Abita is around 180 boed or $22k/boed so the above is close to mkt value. Keep in mind D&L3 production is declining and in some ways I think it would be better value to drill another well but there is some strategic value in the assets and the extra bbls gives more volume to allocate costs which is a positive. I haven't looked much at FP but the P&A costs are reasonable to add another prospects WI.

This is all just my opinion, if you disagree that's okay as we all look at things differently.
Cheers