re: Ann: Initial Production Rate-1,207 Boe/d ... Oh, and one...

re: Ann: Initial Production Rate-1,207 Boe/d ... Oh, and one other thing, for those who seem obsessed with the AZZ payback period (Mir?) of a well - it is the least important financial metric you can use to judge an investment. Most often used by the financially illiterate.

The Net Present Value (NPV) is far more important. This is the present value of an investment's future net cash flows minus the initial investment.

Essentially it how much bang you get for your buck.

This NPV per well is what you will see in the EOG presentation, and actually any professional investor presentation.