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Gold Medal Penny Stocks
Posted On: 08/12/2013 9:52:49 PM
Post# of 18536
Posted By: Devcool
The engineer estimates full production from the pressurizing of the formation with the natural gas will take from 60 to 120 days and result in an estimated production rate of 50 to 200 barrels of oil per day (“BOE/day”) per production well (4 wells). Thus, using 75 BOE/day per production per well the total barrels produced monthly per Project would be 9,000 barrels. $SFPI

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