InvestorsHub Logo
Followers 7
Posts 917
Boards Moderated 0
Alias Born 08/14/2015

Re: zzg123 post# 2471

Sunday, 06/05/2016 5:53:19 PM

Sunday, June 05, 2016 5:53:19 PM

Post# of 4911
How did you figure the 2000 wells for breakeven? I am estimating something way lower based on only 2.8m in annual costs now with the cost cutting measures.

I am thinking something closer to 800 wells...

This is assuming the previously mentioned ppg of excelyte of 2 dollars... Did they drop their price recently to capture market share?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.