RE:RE:RE:RE:RE:This is very undervalued Hi
royalties are obviously pure speculation at this point . To my knowledge to date 8 wells have been completed .My understanding is next 8 wells being started late 4th quarter. Final 8 wells are a option. Completing all wells obviously based results of 8 then 16. JRV speculating based on NEAROLOGY. Hopefully he is 1/2 correct. Like you I based my assumptions on his numbers .. Oil is going much higher next few years. Thats almost a lock with Biden admin attack on all things fossil fuel.