MAE marion energy limited
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Ann: Gas Production Reaches 600,000 Cubic Feet Pe, page-5

  1. hcraboc
    2,938 Posts.
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    08/03/11
    15:27
    Post #: 8017364
    re: Ann: Gas Production Reaches 600,000 Cubic... At the end of the day they need to produce 30 times the amount of gas just to become cash flow positive.
    At their current rate of production they will need 150 wells... They dont have that many!
    MAE Price at posting: 3.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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