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Yes. So, to begin with the number there in the Sixth Sense was actually a value for risked BOEs, it level of gas. And then where you really can do a great deal of is taking a look at be it global transactions, transactions for gas onshore. You can narrow it right down to the European area, but obviously you begin to limit the dataset then, right.
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Or the other one you could look at even companies confirming out what do they have for his or her risk resource bottom and for that reason what’s kind of an enterprise value for that. So that’s kind of the comps you can dig around from the various areas to check out those quantities.
And again you’re going to see variants there and there’s quite a big range. But it’s a matter of just trying to identify that whereas it at today. What are trading metrics with this stuff? 1.50; head where there’s a big gap. First got it. Thank you. There’s yet another question. Previous presentations you’ve given.
I think people ask you the type of movement rates you had a need to make this work and you said something similar to 3 million to 5 million cubic ft. But what I believe I just heard you say now was on these tests if you get a few hundred thousand just 200,000 that will be great?
Yes. In the deepest areas Especially, and again when you look at what would it not be a — suppose a well-based economics is to make a horizontal well actually deliver a 10% rate of come back. We know, given our fiscal conditions in gas prices as that quantity is I think when I looked at it this past year I was on the order of three. Now again you’re still modeling analog so we’re careful on that. We need to then go out and find what is a type curve for our basin?
But that was kind of the IP rates, we’re looking at was around three at the time I believe worked out to give you about a financial return. So on the other hand, whenever we face a area in a vertical well that’s just that one track. 1, 5 50 francs whatever it is and range up that amount of creation that you can get. So merely to be clear; these results developing, we shouldn’t be looking for 3 million cubic feet each day? No. If we see if we do we’d be very happy.