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Re: None

Saturday, 12/07/2019 2:16:13 PM

Saturday, December 07, 2019 2:16:13 PM

Post# of 5640
I'm not sure how others are figuring this play but I'm holding solid positions at .02 per well leased on net value up to .05 per well leased on gross value if we are using the minimum 150,000 barrels per well production estimate..from my research in the u.s. it costs roughly $23 in total expense if fracking so that leaves $36 barrel profit between MDMP and financier if we use $59 barrel total value. Of course all this rides on these wells actually producing that volume. I'm anxious to see this first wells production results. All imho.