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JLPTNG

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JLPTNG

Re: Willy post# 5625

Friday, 04/15/2011 2:16:03 PM

Friday, April 15, 2011 2:16:03 PM

Post# of 31706
What your also forgetting is that 24 barrel/day is just a start - I suspect it will be higher than this as they get more efficient. Plus, what company would not run a production Well for 365 days a year? I would even run it 366 days in a leap year. As far as reserves, I think it would be many years of production - would not make sense to spend the capital to open a well for 1 year lol - CAVR is a solid company with huge upside potential.
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