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Re: fink post# 1581

Monday, 06/12/2023 1:38:14 PM

Monday, June 12, 2023 1:38:14 PM

Post# of 1878
I think Art has changed his mind. He originally was planning for the long term, perforating the lowest zones first and saving most of the gas for future production. This last well, they perforated most of the zones. Very unlike the first four wells. I think Art knows that the market is not going to revalue Trillion based on SASB. So I think he is trying to max out current production going forward to finance sexier exploratory drilling. "Off block prospects" that he feels will surprise the market. Also ngas prices in Europe are falling pretty fast so maybe he has decided that $14/mcf is not going to be here forever and he should get paid for buying SASB and it's infrastructure for a song.

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