From my rough calculations, I estimate 150 BOPD w
Post# of 39368
Posted On: 10/17/2013 3:07:02 PM
From my rough calculations, I estimate 150 BOPD would give us the revenue to drill one new well per month. I think Sean said it costs $375,000 to drill one well. Someone who knows much more than I do could give a better estimate when factoring royalties and other expenses.
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