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Bullboard - Stock Discussion Forum WestFire Energy Ltd T.WFE

TSX:WFE - Post Discussion

WestFire Energy Ltd > Great future ahead
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Post by oilfield13 on May 13, 2010 10:29pm

Great future ahead

for Westfire unless we get taken out, or oil crashes.92% success rate so far with OVER  500 potential horizontal Viking oil development locations......sweeeeeeeet!
Comment by 2Clubs on May 14, 2010 11:48pm
Oilfield2: Any insight as to the stabilized production from all these successful wells . A while back I presumed they were in the 60-90 boe/d range but I am wondering if  they are averaging around 30 boe/d. Suppose that can be great depending upon the cost through completion? Thoughts2Clubs
Comment by oilfield13 on May 15, 2010 1:13pm
             I agree with you i think the average production is around 30 boe/d per well.Not shooting the lights out by any means.With the majority of the recently drilled oil wells being pad wells, 3 to 4 per location, drilling and completions costs are reduced.I like the land base they have plus the  over 500 ...more  
Comment by HotStuff101 on Dec 18, 2010 9:52pm
Can't agree more, oilfield. Hopefully oil hits 110 and stays over 100 this year.
WestFire Energy Ltd
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