RE:RE:Wescan Paid 15,000 Per Barrel a Day Productionbdeparde wrote: Supposedly it cost about $7,800 bucks a day for a crew to reacivate a well. Due to the proximity of the deactivated wells In provost all within 3600 Acres I can’t see it taking more that 14 days to bring on the 6 or so inactive wells. This is cheap! I can’t wait to see the annual filing at the end of July. This thing is gonna be a money maker. Hope I’m not missing something... seems pretty black and white to me. But no one seems to care haha.
To out this acquisition figure into contexts BTE (baytex) is paying close to 80,000 dollars per flowing barrel for RRV (raging river) that being said the stock cratered after this announcement.