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Re: None

Wednesday, 08/11/2010 11:42:11 AM

Wednesday, August 11, 2010 11:42:11 AM

Post# of 45176
500 Barrels Per Day...so throw that 50 number out the window from Mays PR!!! With a 25% interest we can consider 125 Barrels of the 500 BDGR's!

125 BBD x 30 Days = 3750

3750 BDGR Barrels x $75 per Barrel = $281,250 per month

TIMES 4 WELLs = $1,125,000 per Well pattern per month!!

$$$ Cha-Ching $$$

Introduce 2 more well patterns with the same numbers?

$1,125,000 x 3 well patterns = $3,450,000 a month!!

$$$ CHA CHA CHA CHING $$$

Remember 5th well is the EOR injection well!