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Re: Ricosauve post# 9411

Wednesday, 10/14/2020 3:41:19 PM

Wednesday, October 14, 2020 3:41:19 PM

Post# of 13332
Dont we have some basic projections? Very generally - Watson big foot in their blog had 100 wells ready and projected 8 barrels/day. $50 per barrel with $16 cost
Thats $10mil revs and $3mil cost - $7mil net
Now assume an expanded field ownership, acquisitions, of another 100 wells and tech increase to 12 barrels/ day
Not hard to project some scenario where there’s revs of $44mil , net $30mil