TSXV:ATR.P - Post by User
Post by
johndoe1on Sep 09, 2004 10:11am
149 Views
Post# 7899701
runrate
runrateThey are expecting oil at 30-35bbls/day with the 2 wells with the possiblity of 1 or 2 more wells coming on. With the water disposal, they can do up to 600m3/ day of 3rd party disposal for revenue of up to about $6000.00/day. The extreme upside could be $200,000 to $250,000 a month in revenue with the oil. A more realistic number initially would be about $100,000 / month. These are 100% figures with Anterra only holding 25%, but Anterra will be purchasing 50% more in November from Suffield Resources.