could be a 5-10 baggers in 2-3 yearsMarcellus shale, Huron shale and Yemen all has very good potential.
I think EPS should have leased more than 15000 acres in PA Marcellus shale fairway now or in the near future. According to COG's results, the V well drill in the same county as EPS's acreage tested 0.8-1 mmcfd. EPS already drilled a successful V well and will drill H well now.
Assuming 80 acres spacing for H well, and 2.5 Bcf EUR, total gross reserves could be 469 BCF, and net reserves could be 375 BCF (80% NRI), worth at least $188 million @$0.5/mcf. That's more than $4/share.