Replies to post #188164 on PCT Ltd (PCTL)

[wile.e.coyote]

could be a game changer .... appears to be at this early stage. we'll see ....

[emit]

Sounds like they've drained them dry; hit bottom of barrel so-speak.
Didn't say how much they got before started pettering-out!


e

[Evaluate]

... the production was increased from less than a barrel per day to over three barrels of oil per day which lasted over a week before falling off.

What are the calculations of the economics?
So they increase the production by about 2 barrels per day.
Which lasts for about a week, so 2B x 7 days = 14 Barrels in a week (then it falls off).
14 Barrels x say $100/barrel = $1400.

To achieve this takes 1000 gallons of PCT fluid.

If PCT were to charge $1.30/gallon for their fluid, then the operator would be paying $1,300 to increase production by $1400, for a gain of $100 ... after a week.

Is this really enough to get the oil/gas industry excited?

PCT needs to do a (much) better job, IMO, of conveying why the initial results of their oil/gas testing is so encouraging?
This messaging needs to be included in their marketing messaging too.
Why could PCT fluids be a game-changer for the Oil/Gas industry?