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Atikwa Resources Inc. V.ATK

Energy Oil & Gas E&P
An oil and natural gas company


TSXV:ATK - Post by User

Atikwa Resources Inc. > molopo
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Comment by stockmannerson Apr 02, 2012 11:16am
216 Views
Post# 19747648

RE: RE: molopo

RE: RE: molopo

I believe a bunch of the ATK Pierson wells are 50% W.I. so your 400bpd is NET interest.

Pierson wells are much cheaper to drill than say a bakken well, which is why Legacy is in the area in a big way.

Growing through the drill bit is not linear as you would suggest but exponential, which means it will take less time to get from 400 to 1000 than it did to get from 0 to 400.

Thanks,

StockManners.

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