FPL 8.33% 0.7¢ fremont petroleum corporation limited

An IP30D of 20MMcfpd would be roughly equivalent to some of the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,312 Posts.
    lightbulb Created with Sketch. 425
    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



 
watchlist Created with Sketch. Add FPL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.