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Lucero Energy Corp Com V.PSH


Primary Symbol: PSHIF

PetroShale Inc is an independent oil company focused on the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota.


OTCQB:PSHIF - Post by User

Comment by Bennys65on Feb 24, 2022 5:32pm
182 Views
Post# 34459784

RE:RE:$1.50

RE:RE:$1.50Had a quick look at erf report One thing which stood out was well costs averaged 5,71 million in 2021 PSH presentation has in their type curves as a best case well cost of 6.5 million At 80 wti that well pays out in less than 4 months.As we drill with erf I assume the 6,5 is euther a conservative number or they are building incresed costs for 2022.At any case great numbers.
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