There's a lot of technical talk in that article, but this seemed to be a nice takeaway:
“This compares favorably to some of the better locations for the Eagle Ford play in South Texas which exhibit porosities in the 6% to 12% range,” Pryme Energy said.
It really seems to me one of things has us where we are today:
1. Financial miscalculations followed by a rough financing/equity raising market...
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