re: av (another) look at this! Sorry, you are right about the...

re: av (another) look at this! Sorry, you are right about the acrerage Poyndexter
1158 as East Esponda acreas (from website
14449 acres (from 26 October 2005 announcment) - say sit can hold up to 230 wells...that's a lot.
(I know what i did wrong but its not worth explaining).

So the West Esponda figure in the original calculations could be many times greater than the estimate calculated for the 21 wells at East Esponda assuming Oriva flow rates ($US624256/year) if all 230 wells employed (approx $US15 million a year over lets say five years)...that's the upper limit but thats still pretty impressive...and that's at Oriva (sub-par) flow rates. If it flows a Western Gas average that's even higher. Even a half of those are worth investigating...hmmm. All depends on the resource quality and the number of wells they decide to go with.
Sorry I didn't getting it right the first time...i tried to be get it right the first time but alas...