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Treaty Energy Corporation TECO
Posted On: 06/17/2013 5:16:46 PM
Post# of 39368
Posted By: arstegall
Re: DTL #15950

If SJ#3 is commercially viable I would not expect more than 30 to 50 BOPD. It could be more but don't get your hopes up. Think about it this way. Even if it were 20 bopd, we can drill 10's of wells into that formation. 20BOPD kills the BS of NO oil in Belize. If we have 45 wells making 25 bopd that is 1125 bopd. The market will respond greatly I think. A 6 million recoverable reserve is very small. I could be wrong but I just don't see 100's of bopd per well. Check that, I HOPE I AM WRONG!!!!!














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