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Ann: Sacramento Basin Production Update, page-5

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  1. 5,057 Posts.
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    These feeble flow rates over far flung wells don't pay the rent unfortunately...imo
    Just look at SGC last quarterly where they sold $690k of gas over the year... with corresponding production costs of $684k ... net being $6k for the year or $500 per month .... no 'instant cash' here despite the revenue 'kick'.... have to wonder why this was reported at all...really... imo
    DYOR
 
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