RE:RE:RE:Payback on Astra and Fire Sky AcquisitionsThanks! I was just trying to figure that out. Just looking at Surge's Press Releases this year, they appear to have gone from an average 19% decline rate to 26%. If a third of their production is around 35%, that will explain the average increase.
ppp wrote: Full cycle corporate production efficiencies (9) of less than $22,000 per flowing boe per day. So use 35% declines. They are a bit higher. so they have to replace about 2000 bbls a year cost x 22,000 = 44 mil per year