Just maybe they are providing VERIFIABLE DD to prove it is LEGIT!
Could be. If I was dumb enough to name my company "Benchmark Standard" - which is a bit like saying "sphere ball" - I might prefer video reports to written ones myself.
Still doesn't mean that WOGI shareholders will gain a thin dime from all this drilling and fracking.
Meanwhile, I'm trying to figure out how WOGI undertakes the drilling of 10 wells for $1.25 M when online estimates of the cost of a fracked well in the Marcellus shale run from $800K to $5M per well...
A typical vertical Marcellus Shale well can run a company 800,000 while a horizontal well will cost 3-5 million. Horizontal wells usually take 30-45 days to complete.
A typical Marcellus shale gas well can easily run between $3.5 million to $5 million per well and this is often without including land lease costs, royalties, and debt carrying costs.
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