RE: RE: Value of DLL stockThat is wat I iam saying; the nummers are the best possible result. But in reality the nummers will be much lower. There might be also the risk that after a few month the production fall back due to unforseen facts.
Stil I can imagine that a horizontal well has more capacity than a vertical well. I have also an intrest in Nordic Oil and gas and they have vertical wells that produce an everage off 30 barrels a day. (heavy oil).
Let me asume that a horizontal well normaly produce 125 barrels a day (this is just what i don't know) and I combine that with the fact that EPI claims a 10 times higher production with this methode, than it is likely to see an outcome somwhere between 250 and 600 barrels a day. (185 barrels a day is 10.000 dollars a day).
The only thing I aim verry concerned about is the photograph you took from the site a week ago! You can't see a lot off trucking. I saw only a few tracks. So how is it possible to produce nummers we are discussing in a tank of 120 m3 without the need to emty it?
Is it poosible that they have a pipeline? Any comment?
gr Theo