You are offering the 'best case' scenario jhopda....imo... in...

You are offering the 'best case' scenario jhopda....imo... in reality the 1982 casing is likely to be compromised ... in this difficult geology....but worth a look see.
New well costs $12m or so,,,, I doubt that can be funded by the current JV....
Remember this is 9 miles from pipeline so any resource must be large and recoverable...not the watery 'sharts' delivered up at Dempsey/Tulainyo......imo
Not sure who is buying SGC but almost certainly a top 3 seller has bailed....imo
Look for a round of CRs now.... be interesting to see what support they get.. could be telling...imo.....time fuse is short.

DYOR