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Posted on 5/20/12 at 9:53 pm to gonads&strife
too bad strip is $90 How many stages was the frac? Proppant mix?
Posted on 5/20/12 at 9:54 pm to gonads&strife
Huh??? If they produce an average of 250 bopd @ $80/bbl that's $7.3 MM a year. It's paid off in less than 2 years.. I'll take that
Posted on 5/20/12 at 10:31 pm to gonads&strife
The oil out of these wells will get a ~$20 premium over the WTI price, so that should help out the well with making economic sense.
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