https://boereport.com/2023/06/14/wapiti-cardium-horizontal-drilling-opportunity/
Found the original source of info for the Gryphon well.
Originally posted on 14-June-2023.
Private oil and gas company has a Cardium light oil horizontal drilling opportunity available for farm-in. Six sections of 100% Crown lands available (T65R8W6) for horizontal Cardium oil development at six wells/section. Farmor willing to operate and participate to 25% WI. First horizontal well directly offsets a thick (10.5 m), porous (9.5%) Cardium upper shoreface sand and is scheduled to be drilled Q3 2023. Type curve recovery 240 mboe/well, 1.4-1.5 mmboe/section. Queries to be made to [email protected].
This exactly matches the description of the Gryphon well announcement,
SHE raises money on the ASX and David deloub and his team find wells for us such as this one.
Each section has 1,400,000 to 1,500,000 BOE equivalent, if profit is 60$ usd, then this could be extremely profitable. and Stonehorse the option of 3 sections.
do the maths yourself.
Note: mmboe= 1millin boe.
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