ok,thats why i wanted to know the acre size,some wells are 20/40/60 acre spacing depending on bpd production,oil gravity,etc.60 wells on the lease,very good!,a dollar pps down the road possible!
Walker, didn't you say about 2.5 cents price per share per well? If we get 60 wells going that's $1.50 valuation. Then we will certainly take advantage of the forclosure situation on other oil properties as PR'd... HAPPY NEW YEAR ZLUS SHAREHOLDERS!!!!!! ;-)
60 WELLS OMFG!!! BUYING MORE SHARES IN THE AM! This is doesn't look like it's going to significantly pullback ANYTIME SOON...I haven't seen a stock trade and consolidate so great in quite a while..Although it could change at any given moment, we are averaging a red day only once every 5 days...WOW!!! I can't wait until the update is released.
Having 60 wells from our ZLUS location would be beyond huge. Everyone on IHub needs to be following ZLUS very close to see what is going to further materialize.