RE:30 Wells
lucifer17 wrote: I don't think,that they would plan to spend $23M for 30 wells to exctract a filed worth $30M. We might be looking at a field worth $300M and up. GLTA!
Good call lucifer. From the press release:
This asset directly offsets an established field which is currently producing over 1,850 barrels per day; having recovered 11 million barrels to date within the same Waseca channel trend.
GLTA