Azure Holding Group Corp (AZRH)

[threewheeler]

wow ok even better AZRH American Industries
@americanmade_ai
·
15m
$AZRH - sometimes we’ve got to address the ignorant nonsense this clown spews…

What a clown… $3-4M?!?!? Yeah maybe if I was drilling a 5k vertical with a 10k lateral…. And even then my cost for a completed well would be under $2.5M…

Our prospect wells for our Phase 2 CAPEX program into the Devonian are vertical re-entries off of 5,000 ft well bores already drilled / completed…. Here’s how simple what we are doing is.

I call my buddy Jeff who has 3 surface rigs - he comes and drills down to the new pay zones at 11-12,700 ft. You add casing, cement, extend the tubing, run wireline to perf the wells, run frac, and turn on flowback to production… if that costs you $3-4M to do then you have no business and have never done anything in oil & gas… period…

I’m doing workovers that consist of pulling tubing on 5,000 ft wells, cleaning out old pumps, and running acid and chemicals for under $3,500 in-house.