Quick question.. How do you calculate income with no gas rates lol.
Interesting they keep leaving that little detail out of announcements
IMO conservative scenario $6-7 million spent on this well to date. Including pipeline?
Even if they achieve rates through the tubing of 2mscfd highly doubt it that's a pay back of 2years before they make a cent from the well..
Isn't the idea to make money as a company ?
Ann: Armour Awarded Further Acreage at Kincora Project, Qld, page-9
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