Depends on whether you put any value on Jaws.
If they get to 1 mmcfd on these wells, 50% CO2 (accounting for processing and disposal) = 0.5 mmcfd from a horizontal fracced well. Thats a tough ask to make it pay even with east coast gas prices. Key unknown would be decline rates. They will have to be much better than shale. This also assumes that they can get away with not having to drill two wells to make it work per development location. Maybe they could be done as S wells with the ESP in the toe of the well?
Depends on whether you put any value on Jaws.If they get to 1...
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20.0¢ |
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Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.3¢ | 19.5¢ | $1.138M | 5.714M |
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| No. | Vol. | Price($) |
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| 37 | 1354940 | 19.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 1925583 | 11 |
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