re: Ann: Appendix 3C - Announcement of Share ... DIS
I remember reading somewhere that horizontals are around 7 to 8million.
Could be more qbviously depending on length and fraccing.
Even if there 10 million each and AZZ achieve half the success of other horizontals being 1500 bopd then for 100 million outlay being 10 wells would produce 15000 BOPD.
That is a winner right there.
Will be an exciting year ahead
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Ann: Appendix 3C - Announcement of Share Buy-back, page-19
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