SXA 0.00% 7.0¢ strata-x energy limited

Ann: Sleeping Giant Rohweder Well Encounters Oil and Gas Shows, page-10

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  1. 1,797 Posts.
    lightbulb Created with Sketch. 16
    I'll attempt to throw so numbers around on the potential.
    These wells should run anywhere between 10-30 years.
    At current gas prices and after deducting royalties, capex lease fees the profit is about USD2.50/Mcf
    EBITDA per well = about 130k/pa (150x365x2.50)
    The field has the capacity of up to 500 wells.


    Spozzie
 
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