The Barnett Shale prospect most likely is the companies largest proven reserves but the agreement between them and Silver Point is that IGPG is paying Silver Point back in return for the property and pipelines and they will eventually own a share of this property, but, this means that affectively Silver Point still owns the Barnett Shale prospect while IPGP works it.
If we get some form of drilling update on that prospect I think the stock will perform as if IGPG actually owns the prospect but that is still to be seen.
There are still other properties that will add to proven reserves but like I said before - we need updates.
Another reason we arent "flying with 120 bbl oil" is the Cornell mess. I do think IGPG will work out this problem in a beneficial manner in regards to shareholders but its is also yet to be seen.
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