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JTB1051

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JTB1051

Re: Stanner post# 7649

Thursday, 08/23/2012 12:17:12 PM

Thursday, August 23, 2012 12:17:12 PM

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Don't know what the daily numbers are but the Northwest Premont field has 20 million barrel proven reserves. Each well is estimated at 100000 to 150000 reserves. At a conservative 70 dollars a barrel, you are looking at 7 million dollars or more per well. Each well drilled adds to GRPRS Asset base
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