Maybe it's your wording because you say "80 to 100
Post# of 39368
Posted On: 02/01/2013 10:13:35 AM
Maybe it's your wording because you say "80 to 100 BPD is what TNC is figuring for the new lease and many holes can be drilled. What I hear is up to 100." If I take that literally then it will take up to 100 holes to produce 100 BPD on this qty 1 lease i.e. 1 BPD per hole? LOL!
I can only assume your implying "each hole has the possibility of producing 80 to 100 BPD on this lease and there might be up to 100 holes to drill on this new lease"; correct?
It sounds like TECO switched gears and the $2.1mm in funding is going here or is the $2.1mm still allocated to hopefully produce 400 BPD on the other lease or is the other lease on the back burner?
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