Money Money Money6 Dec 2018 07:54
Thought I'd have a look at how long the EWT's have been going for. As I used to be up on how many days, but then I stopped counting!
t-39 started EWT 4th july initial flows 529bbl/day - 155 days
Dino started EWT 7th may initial flows 315bbl - 213 days
T-45 started EWT 8th April initial flows 270bbl - 242 days
if they all stayed at their initial flow rate (which they won't)
T-39 - 81995 Bbl since start of test
Dino - 67095 Bbl since start of test
T-45 - 65340 Bbl since start of test
total of 214430 bbl, say $50 a barrel - $10721500
if they all halved from initial flow rates (which they probably won't)
T-39 - 41075 Bbl since start of test
Dino - 33654 Bbl since start of test
T-45 - 36450 Bbl since start of test
total of 111179 bbl, say $50 a barrel - $5558950
I could be way out of course but that would explain why we don't need a fund raise if these wells are still testing/Flowing and oil being sold