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re: Ann: Drilling to Commence on First Eagle ... Based on flow...

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  1. stretchie
    599 Posts.
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    23/09/10
    10:54
    Post #: 7233052
    re: Ann: Drilling to Commence on First Eagle ... Based on flow rates of 775boepd, this would give Global around 1.6 million USD per year in revenue assuming oil price is 75 USD. with only 7.9% WI in this well it should be cheap to drill and it's relatively low risk

    Here's hoping for a successful drill!

    GBP Price at posting: 14.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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