TSXV:CART.H - Post by User
Comment by
loubastoneon Nov 25, 2019 3:58pm
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Post# 30390648
RE:NRU potential output
RE:NRU potential outputSo two wells from the RK field producing at 1.3MMCF or 2.6MMCF combined, that's over 400boed how I read it. As posted from CEO website. 100% owned, look at the cash flow they had from natural gas production! They were doing close to a $1 million USD extra revenue per quarter with the NRU on the RK field and because royalty rates were so high, they were losing money.