drilling report, page-16

Bingy,
You're saying 10 weeks x 7 days x 35 bopd x $82/barrel = $200k cost of well

But the $200,000 would be a bare minimum wiht all the other costs involved in working over wells and moving between pay zones.

Then there are the forecast costs from the last quarterly Appendix 5b page 3: nearly $5 million for the projected quarter of which much is development of the wells. But how much variation could there be from this projected amount if there's ongoing intervention of wells (workovers, repairs, changing payzones) as there seems to be?

Also the admin costs look excessive: $1 million for next quarter.