Hey trader,
Yes I completely understand the 3 net well figure, but I assumed that your statement '1 net well per every 3 months' implied 4 net wells to EKA over the year?
Or did your original statement imply something different?
(p.s. I used $85/boe to factor in a bit more gas, always happy to be surprised on the upside. However $90/boe sounds pretty good based on the current WTI price of $103 per barrel of oil, not to mention the talk of EKA achieving a 'higher than WTI price' for their oil).
p.s. feel free to drop me an email at Marshall_368 at hotmail dot com, I'd be interested in comparing a few other O&G stocks floating around.
Cheers.
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