Sure is and early next year you can double that!
Lets ensure they get that second well on 330.
Could be looking at $2M+ a year from 330 alone short term.
(120Bbl x $50 x 365)...thats good income....money coming in is what we wan't to see + oil shows at 138/59.
Bring it on...let us know how AGM goes?
By 2010 when everything is cruising along - we should be out of the credit crysis and things will be heading up to...oil i mean! and we'll have quite a few producing wells by then.
- Forums
- ASX - By Stock
- ERH
- Ann: Update Block 330
Ann: Update Block 330 , page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)