Wasn't it 4 wells per/pad in the Bakken? Anyway, thats a different matter.
Going back to Hawk Springs.
It appears Tezza is quietly confident he may have broken the code. (500, 000 EUR oil.)
24 prospects x 18 wells = 435 wells
435 wells x 500 000 barells = 217.5 million barells
217.5 million barells x $20 profit (based on oil $60) =
Wait for it .........................$4.3 BILLION
So ye, you can say I am a little excited.
Ok Doug, you may have to settle for 25c or $1.5 million....... which ever comes first.
