WBE
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0.00% 0.6¢ whitebark energy ltd

If they drill 10 more wells, will the production rates be 10 X...

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  1. Joelsmith2452
    917 Posts.
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    21/01/19
    08:55
    Post #: 37171228
    If they drill 10 more wells, will the production rates be 10 X 305 BOPD? 

    If the Netback is ~$5-$10 as per previous wells we are looking at:

    1 WELL - 30% of $10 X 305 = $915/day for 1 well OR $333,975/year
    10 WELLS - 30% of $10 X 3005 = $9150/day for 1 well OR $3,339,750/year
    WBE Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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