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Re: puttzy3 post# 15242

Saturday, 06/12/2010 2:04:17 AM

Saturday, June 12, 2010 2:04:17 AM

Post# of 23619
there are wells in madisonville that will cost 10,000,000 to get down into the rhodessa formation, things very greatly it depends on depth and formation type and whether one is trying something fancy.

the numbers you posted are interesting, despite the fact that they show little effort they also demonstrate considerable potential, techniques keep becoming more sophisticated and oil recovery becomes more and more enhanced.

one thing your DD has not covered is how much land in the lake caddo is worth for all depths rights in general that area of texas and louisian is very valuable