Harry,re:<<I wonder if Dev/Atoka results will have
any impact on Adda's share price?>>Well,positive
economic results sure won't hurt it!!Poor results
will probably have very little effect because they
are very small participants.
Just by doing a little math and using estimates
will at least give you something to look for!!
As an eg.-I had said i used 10mmscfd.Well,that was
just to be liberal!-if the actual results show 1/2
of that,it's gonna take 2x as long! It is
impossible to know what anything is worth until we
get some actual production data,the contract price
of the salesgas and the total
testing,completion,surface equip, and salesline
costs and who knows what else!But at least by
estimating all of these,you'll have some numbers to
look at!!Then when we get some real figures,you can
see how close you were!-Actually,I find it kind of
fun to play around with numbers like that!
That's what I meant about the DD.And a lot of that
is a lot like this-a bunch of guesswork!!
Nevertheless,what it boils down to is that it's a
good thing Adda is not relying solely on Winfield
at this point,as LEW has mentioned before.
Have a good one Harry,..chat later...
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