So, now the link to Mike's contribution over at Seeking Alpha: Jagged Peak Oil production improvements show why Oasis "paid big" for its new leasehold. Summary:
- JAG production results have improved significantly since 2015, with several very good locations
- The results help support high acreage valuations in southern Winkler and northern Ward counties
- JAG has improved production per location by 90 KBO and 132 MMcf over 16 months of well life over the time frames analyzed
- JAG's central and southern acreage could see further large increases in valuation as leasehold is de-risked
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Spoiler Alert
If you haven't seen the movie, and plan to see the movie, don't watch the clip.
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