1950 is insane!!!!
The ML is a play that is not so much about exploration but about execution. The Lime is there but varies in composition. Its not just that some acres are better than others. Each locality also has to find the most efficient way to drill and frac.
Range appears to be sitting on top quality acres and all indications sugest that AOK is sharing the joy. Range also have found a winnng formula and AOK (my understanding) is privy to this information via the JV. There was also a previous lateral by Range which was not a JV, but which AOK consented to be drilled close to the boundary on condition that they shared info.
AOK has in effect now got top quality ingedients, a jaw dropping recipe, a excellent chefs in the kitchen. I can't wait for the food!
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