So a well with the flow characteristics, as outlined, generates revenue of approximately $10,000 per day. Extrapolation of this income stream suggests then for the company to have EBITDA per annum of $100M does this not imply that at the very least some 40+ wells are required.
Obviously this is a "straight line" extrapolation of the stated revenue stream from one well, however just a thought.
So a well with the flow characteristics, as outlined, generates...
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