1.3 TCF Gas Discovered Petroleum Initially-In-Place (DPIIP)
- > 400 identified locations
- > 83 vertical wells and 45 horizontal multifrac wells drilled to date
- ~ 4,000 BOE/d - potential to grow to 10,000 BOE/d (3-5 years)
- Low operating costs of $0.93/Mcfe
- Low capex of $1.3 MM/well
- High netback, liquids rich gas (NGL recovery over 17 Bbl/MMcf)