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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Bridge Resources Corp > Production
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Comment by Mrigson Feb 13, 2009 12:17pm
335 Views
Post# 15777399

RE: RE: RE: RE: RE: RE: RE: Production

RE: RE: RE: RE: RE: RE: RE: Production

You are also forgeting the oil that is coming back with the gas....

24.4 barrels of oil per million cubic feet of gas

24.4 * 20 = 488 barrels a day at 20 million cubic feet

488 * $35 = $17080 per day in oil at present rate.

17080 * 300 days = $51240000 in oil sales (assuming only 20 million cubic feet for 300 days a year)

+ GAS

...... Nice well....


https://cnrp.marketwire.com/cnrp_files/20081217-1218buk.pdf

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