armstrong into production., page-7

Right quick calculations

At present 82 bopd at a 8.5% ratio means they are pumping 960 barrels of liquid a day and it has even hit 9%

So at that 82bopd * 37.5% wi = 31 bopd akk share at 365 days * $82/barrel of oil = $927,830 before costs

now as mention in the email and the Ann they plan to run up the output for the next few months to 1500 barrels of liquid a day and based on this
1500 * 8.5% = 128 bopd * 37.5% wi = 48 bopd akk share at 365days * $82/barrel of oil = $1,436,640

not bad for one well with only 37.5% working interest and from memory this has a life expectancy of 6 years.

Any thoughts