Well company has stated they expect to make money at about $2.50 a Gj.
At todays prices a well flowing at 200mcfd is throwing off about $1200 a day.
So you get well costs back in under 3 months. Hydrocarbon wells are often considered economic if you can get well payback in 18 months.
All they will need is a whiff of the stuff and were in business.
march is the month...on your marks get set go, page-8
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