Chart 2: Geochemical Statistics by County and EVEP Acres
Shown above, in Chart 2, are the county-average statistics for the four geochemical parameters from data available on the ODNR website. In particular, we show the counties and acreage (~103 out of 170 acres) that EVEP is looking to monetize in their first pass. Summing up the different counties leads to a per acre value of about $10k for EVEP's current package which is rather boring considering that is what most pundits are looking for. N in the chart is the number of samples for that county.
More from this article can be seen at this link
http://seekingalpha.com/article/1271831-ev-energy-partners-the-pric...
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Read this piece this AM. It was rather unambitious and had more than a few technical errors. The truth is EVEP's acreage is worth exactly what someone is willing to pay them for it.
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