5 wells to a module. 250000 mcf over 5 years. At $285 per mcf, that's roughly 72m revenue from each module.
110m capex does this 6 times. (6x17.5m).
over 5 years of full steam production that's over $400m in revenue. payback is 18 months.
if you're concerned how long it will take to extract 13.4 Bcf let's double the capacity to get 800m over the next 5 years.
for the record, bnl is only talking 8 wells by end of 2022. how the process and transport after that, I'll leave to smarter people than me to think about.
5 wells to a module. 250000 mcf over 5 years. At $285 per mcf,...
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