They are very ordinary IP24 numbers you have posted cmonaussie.
They'd likely decline by 75% within 6-9 months, leaving not very much at all. Take a 400bopd average = 100bopd. After royalties = 75bopd.
Of course there'd be gas to go with that, but not much since the oil:gas is upwards of 85%.
I just don't see it.
I'd like to be convinced, but I don't see it.
Cooper deal = good.
Eagleford deal = bad.
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