TSXV:WEE.H - Post by User
Comment by
stag15on Dec 25, 2012 3:03pm
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Post# 20771272
RE: RE: RE: Cashflow positive 2013
RE: RE: RE: Cashflow positive 2013 $10-20k would mean about 5-10 wells drilled with the technology. 5-10 wells in a quarter from 1 the previous quarter would extremely fast penetration in this industry. I figure that the company that used this technology will probably continue to use the tool in that particular field, which probably won't be more than 5-10 wells per quarter. Any additional drilling will require going to new customers, which will involve a trial followed by analysis.