Anyone Else wish they had sold at 0.012??, page-114

Crude WTI is 44 dollars -
Subtract 9 dollar discount
35
Subtract royalties
Subtract significant opex once trucking is included
Subtract capex to drill and flow test wells

It really doesn't matter even if they flow reasonably - there isn't enough fat to pay for further drilling and corporate costs
That's the problem with shale wells that have massive decline rates, you really need a very high oil price and very good margins to continue to fund the high amounts of drilling required. This is why if you look at the many shale companies , even when oil was 100 , few managed to grow cash flow , SSN , MAD , SEA , RFE so many examples