InvestorsHub Logo
Followers 32
Posts 1188
Boards Moderated 0
Alias Born 04/09/2018

Re: MikeyMayhem post# 2005

Friday, 11/19/2021 7:03:07 AM

Friday, November 19, 2021 7:03:07 AM

Post# of 2694
As they get each workover completed, the incremental revenue rise is going to be breathtaking. Even at 10 or 15 barrels a day each, at $75 / bbl it adds up in a hurry.

Those are shallow wells, the lifting cost is low, a good workover team can knock out 2 or 3 wells a week and get them back in production.

AUNXF!

"Luck" is when preparation meets opportunity. So, don't curse your "luck" because you weren't prepared when the opportunity appeared.