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Timothy Smith

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Timothy Smith

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Sunday, 07/20/2014 3:09:29 PM

Sunday, July 20, 2014 3:09:29 PM

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The acreage includes ~152 net risked locations, increasing RICE’s Marcellus inventory to 477 net risked locations. Based on $5,000/MCFEPD, we estimate Rice paid ~$10,727/Acre, a fair price in our view, given the acreage is in the core of the Marcellus.

Purely my own opinion. Do your Due Diligence.
Oil and Gas Stocks | Micro Cap | Small Cap | Mid Cap

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