Sept Quarterly should have around 7000boepd
At 100K thats $700M at $119K thats $833M
However i would argue these zipper fracs ad some upside to that...I wouldnt bank on it, but in my opinion they do...
Dec Quarterly at 9000boepd = 900M to $1.07B
Mar Quarterly 11000 potentially $1.1B to $1.3B
You get the picture its certainly looking more promising then ever now they are in the groove...LNR may follow suit (I dont own-too expensive at present) keep an eye on them as well.
SEA Price at posting:
$1.32 Sentiment: Buy Disclosure: Held