SAE salinas energy limited
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At current oil prices if we have 1 well at 300bpd that about...

  1. EPITANMAN
    4,460 Posts.
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    24/08/06
    09:43
    Post #: 1754852
    At current oil prices if we have 1 well at 300bpd that about $7.5 million $ per year, 109000 barrel approx per year. Well should be paid for in under half a year ($3 million approx) 5 wells fully owned would be nice together with other areas kicking off 2007 should be good. Mid cap oil company here we come! LOL
    SAE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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