RE: Cost of drilling6 Mar 2019 08:50
The present cost of a rig is $300 to 600 a day, with $150 to 200 a foot drilled. Add to that a well can take a year or more to drill. BPC, IMHO will need a partnership with one, maybe more companies, such a deal will take time to put to bed. A deal maybe done Or in the offing, let us hope so. If you can afford to lose your grub steak then hold for news. GLA.