RE: $500 a day4 Sep 2024 08:39
ShearClass
I think you got the numbers closer than most. 834 standard cubic feet per day should fill a bottle or two and keep a family in business selling balloons, and that is about it. The company may make money one day with more wells, but who is to know if those wells are commercial? Or successful?
Far away from being a commercial business, the company will need more placings. It may make money one day but the investor in here will be complete screwed over and buggered time and time again. Think UKOG and the Gatwick Gusher with there billions of barrels?