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Donnycreek Energy Inc DONYF

Energy Oil & Gas E&P


GREY:DONYF - Post by User

Donnycreek Energy Inc
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Comment by SigmaKappaon Feb 14, 2013 11:30am
181 Views
Post# 20988450

RE: RE: RE: RE: RE: RE: RE: Well # 4

RE: RE: RE: RE: RE: RE: RE: Well # 4

How do you figure? The wapiti land is large AND continuous. Right now they have 216.5 gross sections with a ~75% WI or ~162.4 net sections.

 

On a low end with 3-4 wells per section, thats 650 to 865 gross wells for this land package. That isnt too small. That gives any decent size company a nice repeatable drilling inventory fo say 50 wells per year for 10 years.

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