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Re: xtrapink post# 10512

Tuesday, 05/01/2007 12:01:28 PM

Tuesday, May 01, 2007 12:01:28 PM

Post# of 132530
so even a well that will produce only 2 bbl/day would yield about $100 bucks per day after paying the electricity and transportation if we have $70 oil? so then it would take about 30 days to recapture the $3000 reactivation cost, then becomes a member of the profit stream. and i imagine there are some depletion tax credits?
Am i oversimplifying something i don't understand well?

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