Orion Why do you post on what you seem to remember about Green...

Orion
Why do you post on what you seem to remember about Green oil , why not spend 5 minutes to find out the facts. If you want to be lazy read Cmonaussies post
In case you are interested in the facts
The Green oil trades at a 9 dollars discount to WTI not a premium so at present you would be getting $39.
Cmonaussie posted a very informative and analytical post where he clearly shows that one would need an oil price of at least 60 dolalls and for these wells to be in the 90% percentile in terms of ultimate recovery for AKK to be a viable company . His analysis is fantastic and worth a read if you are interested in the true FA potential , however IMO he ignores corporate expenses so in reality we would be looking at an oil price of 75 to make the numbers work , assuming AKK is drilling wells that out more than 23 drill to date , there will ended up in the best 2 !!!