RE:RE:RE:Drilling Gladstone22 wrote: oilman1111 wrote: If I remember right then BBI wanted to drill these 7 wells first and complete them later. I think they`ll start to frack the new wells beginning new year 2019. So there is not that much capital needed for drilling till the end of the year (7 x 2,5 million = 18 million).
Cost of wells about $6 million each
No. 2,5 million for drilling and 3 million for completing. And I was only speaking about the drilling part and completing the wells in 2019.