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stratocasterca

05/01/07 12:01 PM

#10514 RE: xtrapink #10512

so even a well that will produce only 2 bbl/day would yield about $100 bucks per day after paying the electricity and transportation if we have $70 oil? so then it would take about 30 days to recapture the $3000 reactivation cost, then becomes a member of the profit stream. and i imagine there are some depletion tax credits?
Am i oversimplifying something i don't understand well?