RE:Napkin Math on German natural gas on 1 well.In the investor call, they said they would tie the well in and produce it at 6 mmcf, for the first year. So you might have to redo you caculation with 6 mmcf a day.
Very exciting numbers in any case, VET is on the right side of LNG shipment, and this is a great place to be when you can hedge out massively into the future.
VET is trading at less than 2 X FFO which is crazy cheap, and it is really all about having resource in the right markets.
IMHO