Posted On: 06/29/2013 5:32:02 PM
Post# of 39368
D,
My analysis based on the Mitchell 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 well
Treaty tells me that we're CFP @ $50,000.00 per month, so I believe we're theoretically there
Source - Read More: http://investorshangout.com/post/791871/My-an...z2XdvyMqme
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