Bullboard - Stock Discussion Forum Acceleware Ltd V.AXE

Alternate Symbol(s): ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in... see more

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Acceleware Ltd > AXE RFXL Anticipated Production On First Well

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Post by Aklavik on Feb 22, 2021 12:44am

AXE RFXL Anticipated Production On First Well

FYI on debut of RFXL in commercial test application:

Axe owns all the production $ rights on this RFXL well test with exception 7.5% gross overriding royalty to Broadview Energy. This well is anticipated to operate at 20-60 m3/day (126-377 bbl/day), with the same royalty agreement on a second Broadview test within 5 years.

Forecasts at WCS Western Canadian USD select oil price:

126 bbl/day x $47 WCS x 30 day = $177,660 - 7.5% = $164,336/month USD

377 bbl/day x $47 WCS x 30 day = $531,570 - 7.5% = $491,702/month USD

This would be AXE gross $ oil income.

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Comment by Saskisnow on Feb 22, 2021 9:01am

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Comment by Saskisnow on Feb 22, 2021 10:15am

I meant to ask what would be the anticipated (hypothetical) lifespan of a well like that at those levels of production.

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Comment by Whampoa on Feb 24, 2021 12:42am

Hello Aklavik Wondering if you can cite your source for the Broadview GORR, and well economics data? I assume its a single well, please clarify that too. I am assuming its from AXE, please confirm, because I have different data from an older AXE power point. Thanks Re: your other post, anti-carbon activism is at work @ some insurance companies too.

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