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Aroway Energy Inc ARWJF

Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.


GREY:ARWJF - Post by User

Bullboard Posts
Post by rainthunderon Sep 24, 2013 11:02am
178 Views
Post# 21763028

Cost of the average well?

Cost of the average well?
I am quoting from an article (see link)
https://news.yahoo.com/tight-oil-potential-outside-north-america-huge-study-081848742--sector.html

“According to the Financial Times, the IHS study puts the cost of the average well outside North America at $8 million compared with $5.6 million inside North America, ranging from $6.5 million in Australia to more than $13 million in parts of the Arabian Peninsula.”


Equity of ARW: How much?
Bullboard Posts