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Post# of 116863
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tedwitt

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tedwitt

Re: caprock post# 720

Sunday, 04/12/2009 10:59:53 PM

Sunday, April 12, 2009 10:59:53 PM

Post# of 116863
TRC publishes barrels per month. It got twisted into barrels per day. Treaty's last TRC published production was around 3.4 barrels per day when it was producing. The field Treaty is in is not stellar as well. What would cost $5 million to drill at that depth or re-work for that matter. Would be better off taking $5 million into the Fayetteville or Haynesville shale later in the year betting on NatGas.

“I got a great deal on some French WW2 army surplus guns. Never used and only dropped once...”

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