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Re: Hooka post# 30171

Friday, 10/22/2010 2:18:38 PM

Friday, October 22, 2010 2:18:38 PM

Post# of 45174
So is it possible for the company to generate $100,000 for any of its wells?
If you are referring to the CV prospect... This is a natural gas zone.
I supose it is possible if natural gas went up to $83 per MCF or more. It is currently around $3.40 /MCF

Here are the closest PRODUCING Cotton Valley wells to Dragons acreage in the order of closest to farthest. The middle one was recompleted in another zone as you see the rapid decline characteristic of the pay.
http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2?p_WSN=233089
http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2?p_WSN=235821
http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2?p_WSN=234628

I dont make stuff up.