OK Below is a graph of 4 wells between NOV (10) and JULY (11)
After which reports on individual wells stopped.
These wells are...
West Schneck #127
Drill Depth: 3,963
Confirmed Pay Zones: 5
West Schneck #102
Drill Depth: 3,882
Confirmed Pay Zones: 5
Lee #66
Drill Depth: 3,430
Confirmed Pay Zones: 4
Blakley #206
Drill Depth: 2,771
Confirmed Pay Zones: 6
The obvious ugly duckling is Lee #66 which averaged close to 20 bopd for the period of 9 months. only 5400 barrels of oil... which equates to at the average oil price for 2011 of $100 to $540,000......... and they spent maby 300,000........ thats a $240,000 profit.... and there are 3 more zones up the well...
if ive made a mistake please let me know.
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