AJQ 3.13% 3.1¢ armour energy limited

Quick question.. How do you calculate income with no gas rates...

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  1. 694 Posts.
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    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 ?
 
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