MHL 0.00% 0.3¢ monitor energy limited

stevenjd, page-2

  1. 211 Posts.
    tciboss,
    You wrote "200,000 BOPd from 4 deep wells which equals if our share was 15% 30,000bopd 30 mil before cost which would be 30 mil per day."

    I think you added an extra zero in the revenue. 30,000 BOPD at say, $100 per barrel= $3 million/day before costs. That's still some serious revenue.

    If we find these kind of reserves, it will make our current cash reserves of $357,000 look like beer money.
 
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