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Re: DD_Checker post# 28276

Wednesday, 03/09/2022 12:55:59 PM

Wednesday, March 09, 2022 12:55:59 PM

Post# of 41366
Super legit oil company with active wells producing. .I expect $2-$3 next 12 months.


As the self-claimed "reservoir engineer", have you ever read this kind of post >>
SALTWATER Oil & gas wells have a lot more to them than just oil or gas. They typically also contain saltwater. As wells age, the amount of excess water in the mix can increase significantly. The water cut is the ratio of water produced compared to the volume of total liquids produced from an oil well. For example, if a well makes 200 barrels of oil per day and 4,000 barrels of water per day, the water cut would be 95%. It's a known fact that there would be more saltwater than oil.