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clock Created with Sketch. 05/01/24
19:29
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Originally posted by NotRelevent:
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so with an approximately 12 month payback period on this modest batch of drilling we very likely won't see a significant benefit until well into 2025?
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Payback is only a technical figure though and the wells will already be paid for. The flush production will provide huge cashflow that can be used for the next batch drill along with the current producing wells. The next batch drill could be 6 to 8 wells in 2025, not 4, which would give brookside close to the 20 it promised.
(20min delay)