VII SPAh darn HP you got my brain working. The higher multiple will BE due to the fact that 1. They can generate FCF at 50 WTIand 2.75 Nymex and more importantly they are holding q steadty with only 60 wells and 650 million of capex. At 60 wells per year they have over 30 years of drilling in the nests and lower Montney. Meaning as oil prices improve they ramp drilling back up and have much more FCF.