RE: Flowrates22 Nov 2019 09:13
325 x $60 x 365 = $7,117,500.
Minus well cost, maintenance, storage, shipping, admin, staff and tax whilst excluding gas still nets a pretty rapid return on investment as far as I can see. Years two and three might see some natural decline in flow rates but you can take the rig/set up drilling costs out of the equation so its still pretty healthy.
So if its 325 then great that's a solid base and cash in the bank whilst 30 is developed and most of us who know its the gas potential here that wags the tail.