At this price if they announce a joint venture partner its 30c...

At this price if they announce a joint venture partner its 30c plus imo

All the negativity is justified, but if the hammer comes down on that deal watch out. They've said they are talking, others have said they are looking at European opportunties in csg..and that was enough for me to have a swing. EPG's contingent reserve and the improvements in recoveries at greater depths in csg generally (lower permeabilities ) should give the more experienced csg companies reason to want to try their luck in Europe. EPG would be the ideal entry given the permitting , and test drilling is done .

Time will tell...loaded up and buckled in.