Reality check Shammy... it is all well and fine that you get enthusiastic... with the two most recently announced transactions... it is clear the smart money is comming off the shelves to invest in future production... bear in mind that companies like Exxon don't invest short term... they set extremely long development timelines...of course that is besides the point... the question I have for you is simple... the metrics you expressed on PMT's Monteny acreage... is that net? or gross given you clearly state that by virtue of a partnership with TOU PMT's WI is less than 100%. The Metrics for Celtic are grand for one reason they retained much (if not all) of their land at a 100% WI I understand your calculations are broad strokes BUT one of those strokes has to take into account that PMT is NOT in 100% control of their Monteny assets... it also bears mentioning that PMT's Monteny is of the dry gas variety... in contrast to the liquid rich Celtic land...
I applaude the jump in PMT's share price from my perspective it's a trickle down from the Exxon_Celtic deal... it's clear the money is from speculators beleiving that PMT's proximity bodes well for a "bolt on" to the Celtic land... only time will tell... do your own DD buy low sell high...seems simple enough to me...
as always it's just my opinion get your own.