Posted On: 06/17/2013 3:53:15 PM
Post# of 39368
My analysis based on todays PR;
Mitchell #3. approx. 28 bopd
Mitchell #4. approx. 47 bopd
Total, approx. 75 bopd
X 30 days = 2250 barrels X $90 per barrel = $202,500.00
$202,500.00 X 28% = $56,700.00
$56,700.00 Treaty's Monthly Net on two wells??? DP22 sez, that ain't bad!
If my calculations are incorrect, please correct them...
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