Bit of fun for easter as we should probably get a result next wednesday.
Given Kill 1 flowed at 300 bopd initially, I am going to assume a similar result on the current well, which would result in approx $10 mil sales revenue a yeat less lets say $3mil for well maintenance and transport to geelong and we can probably add in that kill 1 as started flowing again but will soon have a pump hooked up.
Even if all the above is completely wrong, I am sure their is quite a bit of scope for a lot more cashflow and profits for the company.
So my guess for price action on success is
28c spike settling back to 23c in anticipation of shale frac
What do you think?
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