Wednesday, July 09, 2008 3:54:37 PM
20bbl a month per well x 30 wells conservatively
600bbl a month x $110bbl = $66,000 a month in revenues.
And that does not include the gas line being hooked up. That could be another $12,000 a month.
Now if all 60 wells are producing 1 bbl a day, we could see over $120,000 a month in revenues.
From a company that had nothing to a company with exponential possibilities.
"Never Never Never Give up" Winston Churchill
Most posts are In my opinion as I like to ramble and usually don't know what I speak about, please do your own DD.
"OPPORTUNITY WASTES NO EFFORT LOOKING FOR THE PERSON WHO IS WASTING TIME THROUGH IDLEN
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