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clock Created with Sketch. 11/12/16
17:23
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Originally posted by gassed
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Sincere thanks for those tables Cmon. number of producing wells and not simply the number of barrels per well! surely don't think t hat shareholders and prospective shareholders should be expecting to see every well having produced over 1.000BO to justify being a shareholder????Are you now being a bit mischievous ????minimum commercial levels, which, I believe you are implying??Steady long term production rate of ~52 barrels of oil per day – major production declines have already occurred •Wells produce for 20+ years, some for over 100 years • Profitable wells, minimal operating costs, no-leasing fees and long-term haulage contract in place
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