Jan ...............6 wells feb................0 wells march ..........5 wells April.............6 wells
total.............17 wells usually start @ 60 - 80 Boed and all to start coming in to production from late april. then 40 - 50 Boed long term ( 27 wells )
bonfy #24 Salt water wells as A/report says it is to service 15 producing wells . 2 more done in Dec so should be right unto 45 wells ??
plus next Hoz well with range to come on line ,so you would think we should be north of 1,600 boed .
Also as per a/report pay back occurs 8- 10 months from start of production.
so that is my take on the numbers as the norm dyor
AOK Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held