RE: A good day12 Dec 2018 11:17
40 mil - 10 wells
conservative 300 bbl/day all on stream 3000 bbl/day - conservative $50 bbl - $150000/day and that's just the oil!
each well paid off within 8 months
these aren't wildcat wells they WILL find oil and gas, god knows how much revenue the gas will bring but we're looking at 5-6 TCF just in Taribani!
I'll leave MadPunter to do the real calculations :)
GLA