[Dave W]

Rolling of the eyes. Please put your tinfoil hat on. So uninformed. The break even price of fracking is about $50 - so don't worry too much.

[IMR 4350]

So uninformed it hurts.

The break even price and the price that investors will put money into in order to get a profit on their investment is two different things.

With a 73% lease average, payout at $80 and payout at $100 is a big difference.

Since you seem to be so uninformed, payout is when the cost of the well is covered and you start making a profit after operating cost.

Investors are after profit, not payout.