InvestorsHub Logo
Followers 743
Posts 62095
Boards Moderated 11
Alias Born 10/05/2009

Re: geopressure post# 5579

Monday, 12/05/2011 12:01:19 PM

Monday, December 05, 2011 12:01:19 PM

Post# of 6903
Gerry (MNLU Director) told me about 7-8 months ago, that they could generate as much as $500,000/month in cash flow off this well based on the remaining capacity of the nearby pipeline, and he said the fracked well could deliver a lot more than the existing pipeline could deliver. So even unfracked, this well might be able to deliver enough flow to collect that $500,000/month cash flow in the early months, which would pay a lot of bills very fast. I think he said break even on the well was around $2.50/1000 cubic feet.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.