Even if they can only sell a small amount given pipelines constraints, this is still a large new asset (market cap is only $100 million). They can sell the gas once pipeline capacity if freed up (or expanded)... or sell it and pay off debt. Gives them lots of options and mitigates the high risk premium being applied to the stock by virtue of their high debt levels. If nothing else, it makes it less of an easy target for short-sellers who like going after leveraged firms.
Ann: Palm Valley PV13 Drilling Update, page-14
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