analysis update, page-9

Too cloudy atm to consult the stars, coffee cup stains much better and you get a caffeine hit as well!

Back of the envelope analysis should see payback of capital in ten months with an ending flow rate of 100boepd. Given a possibility of 50 well sites long term this would mean 5000 boepd production on a 5% decline for 5 to 10 year production.

Of course this is a lot slower than AUT wells which appear to have paybacks nearer 5- 6 months but it is still a good investment given much smaller number of shares, Olmos production ect.

cheers Icharus