OTCPK:WSRLF - Post by User
Comment by
meloneon Jul 19, 2012 11:30am
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Post# 20130950
RE: Afren well comes in at 13.000 + bpd
RE: Afren well comes in at 13.000 + bpd ... adding $150m for their 20% stake in that block to their marketcap today...
we have now 188m+275m+510m=973m of gross pay... hopefully resulting in ~300m of net pay... that would be huge (this well seems bigger than AOI's monster in Kenia ??)
And why didn't they drill deeper as oil shows down to target depth @4000m ?? and do we eventually profit from potential oil beneath target depth as the oil comes up ??