Damn it Cmon
Why do you always spoil a good discussion with facts . It's a bad habit .
So that is daily production rate of what ? A few barrels 5 barrels in Nov and 4ish in Dec.
no wonder they are so keen of diverting attention to new acquisition
Now, we know the wells cost circa 500-700k USD to complete . Anybody want to hazard a guess on how many months producing 100-150 barrels it would take to recover just the capex on this well . I am not even amortising the corp costs which would make cost per well at around 1.6m each
Like we have said, this my friends is not and has never been and is likely never going to be a viable business
