GREY:VFGGF - Post by User
Comment by
poiseon May 14, 2013 2:51pm
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Post# 21390857
RE: RE: RE: RE: RE: Huge jump in debt on relativel
RE: RE: RE: RE: RE: Huge jump in debt on relativel For $100 million you can drill and produce 5000 BOPD and all the pipeline capacity and WTI pricing in S.E. Saskatchewan. A horizontal costs $1 million each and IP's are 200 BOPD. Royalties are extremely low and operating costs a fraction compared to Alberta.
It's time for a completely new plan folks.