EXPM:JNEXF - Post by User
Post by
BigBenon Jan 08, 2017 6:19pm
165 Views
Post# 25681182
Business model
Business model We don`t have a lot's of cash, so here a way that we could develop the project.
1. We build multi wells pad (like Galt #6)
2. We drill the first well and test it.
3. Then we find partners to drill the rest of the wells, if the result from the tests are good it should be easy. Same location = similar result. They pay for the well and the drilling is done by Foragaz.
4. We receive royalty from the exploitation
5. Repeat
Once we got enough cash, we can fly on our own.
GLA