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Ann: Drilling Underway at Austin's Forth Well, page-4

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    22/01/14
    13:46
    Post #: 12839423
    re: Ann: Drilling Underway at Austin's Fo... I forget the cost of these wells Sharejon,

    $750k or $1m? from memory.

    The well would have had a pay back of around 9 months gross revenue.
    or $1.5m so far

    and they expect production of 10x this over life.

    EUR 150,000 approx
    AKK Price at posting: 1.3¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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