"i dont expect the gas production of each of the wells to be more than 2mmcf/d. i originally expected 4mmcfd but not so sure now...
why ?
is this more so that you are pleasantly surprised rather than dissapointed at the result ?
Amok, I dont disagree with your thoughts re: oversupply. That is an issue i am grappling with too. BUT, if a gas supply of this magnitude is found, either way it will be very attractive to the energy community I would think.
ADE Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held