RE:RE:RE:SNV.V's Plan: 5 Canadian Wells (The Math)martindale wrote: politicat wrote: 2000 boe/d from one well ? they will be lucky to get 1/10th of that. These a low production wells costing 750,000 each that have a payback of about 1 year. They may start out at 100 boe/d and output rises as sand return is reduced.
And someone gives this a like? How about learning to read and start with the title. Not 1 well is 5.
Lot of eyes on this stock now. The shorts have increased by 85K. Not a significant amount, but more interest nonetheless. Over 330k traded already. Volume is key here. GLTA!