RE: What is wrong3 Jun 2018 23:37
It seems to me most people are looking for a short term fix, I'd be interested in getting the next 4 wells up and running in the short term as apposed to the boom or bust approach currently being pushed.
If 2 wells bring in 300k a month, 6 wells 900k a month possibly more as some expenses are one off. That would be the best way to grow this company in the right way. If we say a cost of a million per well including pipe connections, that only equates to 4 months income or 1/3 of a years income.
12 million a year income would have the whole field up and producing inside 5 years, and if the Slovinians don'tbproduce the permit, stuff them, we can sell the gas abroard and they can continue buy all their gas from Russia.