InvestorsHub Logo
icon url

dmbao

05/19/11 1:41 PM

#1022 RE: txag92 #1021

Sorry I wasn't to clear, I changed terms. They are claiming 25bbls a day per 6 wells at $100 a barrel.

So 25bbls/day * 6 wells * 365 dyas a year* $100 a bbl = $5,475,000 in annual revenue assuming a constant output and no down time both highly unlikely.