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wshaw14

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wshaw14

Re: Hardworker71 post# 2207

Tuesday, 10/17/2017 1:06:46 AM

Tuesday, October 17, 2017 1:06:46 AM

Post# of 2595
I have shares in both. DWOG is a lot more advanced and has already proven it can produce with a very low SOR. The partner Andora has a permit applied for to expand to an additional 7 wells. This is just my estimate, but I believe they can produce @3200 barrels per day for approx 18.50 a barrel
on this project. Deepwell also has a HCSS project approved just east of there, but is waiting on higher oil prices because of the high capital costs involverd. Dwogs other partner pays 30K a month operating costs for DWOG and carries DWOGs interest in the SAGD project which is 25%
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