Comment by
Mog7546 on Mar 16, 2024 7:44am
That puts initial production at around 100 barrels a day, therefore approximately $240,000.00 a month, minus expenses. Not bad for a new well. Can't wait for the next PR with exact numbers.
Comment by
SlyFox1 on Mar 16, 2024 9:08am
I suspect it to be substantially higher than 100 bbls/d. The first 11hr run was around 180 bbls. it is still a good start for a new well. But until the allotment that is being sold is known, can't how what estimated bbls/d is. when I read stock piling, I think it could mean more than just 2000 barrels like last sale
Comment by
copperplay on Mar 17, 2024 2:33pm
should be at least double this amount and cash flow will surely bring in new investors
Comment by
Mog7546 on Mar 17, 2024 7:31pm
https://youtube.com/shorts/bbyA14qjnqQ?si=B4VDk2ZJGiB-hLKf