Re: ROSE Stream Log - Separately, another consultant, Christie Ward...

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Re: ROSE Stream Log
10:29 03/06/2014
BuyBAO
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Separately, another consultant, Christie Ward Schultz, assigned a $1.47billion valuation to the Paradox shale (via the Cane Creek project) for a 30 year life-of-field, whilst for Mancos this is estimated at $941million. Both basins are being actively developed already, and the infrastructure available is excellent with road, rail, pipeline and power all readily available. The leases, meanwhile, are also in an ideal location being only about an hour's drive to Grand Junction, which is the region's oil and gas services hub offering drill rigs, fracking equipment.

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