Hi Guys,
Just to let you know that the Development of Voyager will be TOTAL CAPEX to production $US 2.9 Million that will include 4 Wells DRILLED for a total of $US 1.5million for 4 Wells and a cost of a further $US 1.4 million in gathering and site works.
The production facility is leased so no costs to BNL IF
EXPECTATIONS ARE REALIZED and gas is struck and flows at an initial rate of 2mmcf/d at the production facility with just the 4 wells at a $US450 He price would result in 625 mcf /d of total gas and 16mmcf in total of He this would lead to net revenue of $US 7 million and to $US 9 million in 2024. Just from the first 4 wells.
Voyager is likely to have at least 14 more wells drilled to keep the facility close to capacity to 2032.
AGAIN IF In expectations can be met BNL should not need a CR going forward funding should come from revenue
Heres Hoping
moureeses
Hi Guys,Just to let you know that the Development of Voyager...
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