SGC 25.0% 0.5¢ sacgasco limited

CHEAP GAS PLAY, page-52

  1. 7,033 Posts.
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    Hi Hood. Good question. With new gas wells prudent operators bring it on slowly to allow the reservoir to stabilize. I would think by bringing it on at 3 mmscfd initially they would expect to be flowing 5 mmscfd within 3
    months.

    A very good outcome from any perspective. With 5 analogues to drill with each well costing less than $1M , this play is a cash generation machine with little risk. I like the his play a lot

    The Captain. 2021 post
    ,, new name new management go the k man it is cheap imo just need bluesky to pay what is owed,,,
    Last edited by Thejerry01: 14/08/24
 
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