Paypack for a 1,000 bod, is under 1 year too. And production would decline to between 200 to 300 bod from the wells after 18 months, and then the decline would be very slow from there. That's what I could find on the decline rate of halcon other wells. At 30%, they are a really good earner for the company for many years. Get 10 of them, and the cashflow really builds up
AKK Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held