AKK 0.00% 0.3¢ austin exploration limited

spp timing, page-20

  1. 35,472 Posts.
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    If you purchased a business that paid for itself in approx. 2 years NET, after expenses, that would be a pretty cheap multiple, and then you get the trailing income for another decade or so.

    I don't use 20yrs, as its less economic to run them without more stimulation as boepd trickles down to minimums.

    But this is why good tight oil plays/ shales with horis are worthwhile, gross payback in a year or less is considered very good.

    Another rough number, but approx. AKK will get around $10m revenue per well in EFS over 10-12 years.

    With 100 well locations, maybe this is where RC gets his billion dollar company - LOL
 
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