Re: News.........
Do the math........increasing from 3 bpd to 45 bpd on that ONE well = +1200bbls per month.
What does this mean in $'s?
1200bbls x $50/barrel = +$60k additional per month out of that well or $720k additional per year!
There's a WHOLE lot more wells to be re-worked now that this deal continues to escalate in size and scope.
It doesn't take much to figure out that re-working a few of these a month will be VERY profitable. We'll have the leases (hopefully no probs/delays like we've had in other areas), rigs/equipment, partnerships with HSC & H20 Vision, resources, etc to make this happen.
What if??