With 60 million shares now outstanding and production of some 25,000 boe/d, the IPO’s pricing on Jan. 30 values the oily Utica play at $48,000 per flowing boe/d, according to Hart Energy ...
Notably, the 6-well pad between Gold Creek and Elmworth, which was co-developed across the entire stack of 4 zones, has reached its IP90 milestone producing on average 1,500 Boe/d per well ...
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