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Tuesday, May 30, 2006 3:27:09 PM
The other beauty to hydroslotting is that it only costs about 150,000 dollars - Drilling new wells cost about 750,000 dollars each, and is not a sure thing.
BIGN is focusing on acquiring low producing wells because they have the technology to slot them and make higher producing wells. Some rigs also come with the first acquisition.
We also have a 50% working interest in the current WWNG well as well as a promising technology in N2Vision. There is more, but this is why I am here!!!
Shermann
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