RE: Ujo Wressle Update27 Oct 2021 09:04
For UJO, this is $1 mil NET revenue in 9 weeks (2 months)
So in this period, EOG would have earned $1,000,000 x (30/40) = $750,000 = £544,429
Also current daily production figures well in excess of 500 bopd & the well is still cleaning up
Max production capacity is yet to be achieved.
When is the market going to wake up?