WBE
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0.00% 0.6¢ whitebark energy ltd

No Clayton all is revealed, page-12

  1. stockpuppet
    517 Posts.
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    15/01/19
    12:48
    Post #: 37118610

    And for clarity, when you say:


    By putting them side by side (as best you can on a iPhone) all is revealed, the only unknown left is actual flow rate. Does that matter that much at this stage. We have an oil producing well and 1.8 million barrels of oil to extract as WBE’s share. The faster it flows the better the short term economics but we now have a field to develope.


    At 300 bopd that will take 16 years so yes, the flow does matter.


    At 50 bopd it will take ~100 years to extract.

    WBE Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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