NWE 0.00% 5.6¢ norwest energy nl

shrewd crude report valuation, page-14

  1. 231 Posts.
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    375 wells , as per Pottermor's post.
    .
    Munachen said Sept 2011 in "Resource Stocks" - see HC Post #: 7120291 -
    625 wells (50,000 acres permit) @ 5Bcf over well's life = 3Tcf.
    but he also said the program is for -
    3 fract tests, then 2-3 wells for contingent resource, then plan for 10 wells per year for 5 years = only 50 wells.
    So the immediate cashflow will be ramping up : 50 wells x $3m =$150m PV of producing wells.
    In other words, PV of the current 1st 5 years of A2 operational plan (excluding all the incremental proving and expansion of development) is $150m
 
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