SXA 0.00% 7.0¢ strata-x energy limited

more good news in maverick county, page-10

  1. 46 Posts.
    Was just doing some research on the Buda formation and came across this picture.



    This picture is a snapshot of production from the Buda in Zavala county which is adjacent to Maverick County.

    Furthermore, several Buda wells have achieved 100% return on capital in a matter of weeks. An average Buda well costs about $2.5 million to drill and complete which is significantly lower than the $6-7 million required to drill and complete an Eagle Ford well.

    You don't need to be a mathematician to see the potentially astronomical rates of return if we can prove commercially viable 300,000+ EUR wells.

 
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