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Ksharksha

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Ksharksha

Re: Ksharksha post# 2331

Thursday, 05/26/2011 4:14:41 PM

Thursday, May 26, 2011 4:14:41 PM

Post# of 2903
Preliminary production on the leaseholds has 11 working wells, of the 120 currently drilled on the properties, producing .6 to .9 barrels of oil per day per well. Total daily production is averaging 7.7 barrels of oil per day from these 11 working wells. April production totaled 231 barrels or $23,331 in gross revenue from production. .6-.9 barrels seems really small... nickels and dimes...?
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