RE: 5000 barrels a day=$3 stock right nowMaysteeler, you didn't reply to this, so I'll repost,
Wells are usually announced with maximum production rates. There are two wells at Chia Surkh which produced
at200 bbls/day and declined to 25 bbls/day in less than one day. So that200 bbls/day is definitely not a low ball figure when comparing totodays' technology.
If the 4800 bbls/day was initial production and declined rapidly as well, then it makes sense as to why it was left
for 75 years... and why they aren't re-entering this well.
Maysteeler, are you saying that the 4800 bbls/day was already subject to a decline from initial flush production?