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10.0% 0.9¢ whitebark energy ltd

Ann: Wizard Lake Rex-1 Update, page-10

  1. plough
    33,695 Posts.
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    02/07/19
    15:30
    Post #: 39336922
    I like the concept , just the payback even at a 75% net interest giving 200 barrels a day at say c$20.00 net return is still going to be close to 600 days before the well is paid off based on a a cost of c$2.3 M for a well drilling cost .
    Be good to get some concrete numbers rather than having to make guesses !
    WBE Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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