lot of talk re flow rates and production rates - been really interesting read and many good comments. thought i'd put this up with some very basic figures.
obviously this ONLY includes some possible figures for our Bakken holdings.
the formulae for the calculations are .... daily income = number of wells x bopd (ave) x price of oil monthly income = daily income x 30 yearly income = monthly income x 12
admittedly this is very crude and does not include production cost among other things. However - one can see the potential if SSN can get 11 wells going at average of 750 bopd when oil is at $100
SSN Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held