AZZ 0.00% $7.50 antares energy limited

gottabekidding, page-4

  1. 11,400 Posts.
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    No disrespect intended on my side either, its just that they are putting huge capital into a drilling program, it is expected to have that sort of update.

    The wells are flowing good rates (generally between 90 and 180 per day) but its not like an unexpected company maker?

    Ill put this to you:

    if they use 200mil drilling those 30 wells (fully funded) and each one settles at 100BOPD (just as an example). it will take 2 full years to pay back that investment if the workover costs are 0..

    It's a good announcement, just not what I classify as "huge" or "massive".. if you have further information I have missed, I am all ears (or wallets if you are really convincing haha)
 
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