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Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Bowood Energy Inc > omg. all t
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Comment by poiseon Oct 26, 2011 12:18am
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Post# 19181564

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: omg. all t

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: omg. all tThe $10 million is quite high and am surprised as well.  For that price you can drill 7 Bakken horizontals($1.4 million each) in SE Sask and each producing 200 BOPD. Thats 1400 BOPD.
BWD's share of first well is 100 BOPD and that is worth $10 million today.  I believe the second will be a boomer and prove to be a high pressure "sweet spot".
Poise 
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