RE: nice..some cash flowNightowl21Hi again Nightowl21.
I was atempting to adjust your math. I am assuming we have a mineral rights owner(one who may or may not own the surface rights). And that owner has to be compensated. I don't know what it is on this well but in my area 20% is standard and you take that off first and the remainder is the working interest. So when the company says they have a 25% working interest they own 1/4 of 80%(my guestimate). The PR says 25% to payout which would indiciate that the percentage would change somewhat when all expenses are recovered. Hope that helps. Nothing at all wrong with owning part of a well that will do 160 BOD especially this shallow. I have no idea how long the well can produce at that rate or the longevity to be expected. and good luck to us all.
John