RE:RE:never checkedThere were a bunch of HZ well locations licensed recently by RRX and others just south of the RE lands The land is direcly adjacent to the RE holdings; lending increasing evidence that the Viking trend that RRX has been exploting carries directly through the RE township of land.
I would suspect that once IP rates come out on these wells and RE can demonstrate an explotiable pool, they will begin to attract increasing valuation multipliers by the intitutions.
IMHO the SP is still a reflection of production growth with very littel Viking premium as of yet.
GLTA