I think we need to be sensible here with the flow rates. I don't believe that given the depth of the well that 1000 bopd would be achievable.I feel more comfortable to do the sums on 100 bopd and the sums would look like this. One well X 100 bopd X 365 days = 3.65 million.Life expectancy for the wells to flow oil is approx 20 years. The extra acerage would allow for possibly 16 additional wells X 20 years = lots $$$. Given that SEY has 20% of this discovery, you would expect the stock price to climb into the several dollars per share area. This does NOT factor in the the Maricopa discovery so we should be in for a real treat in the short term. Good luck to all holders and well done to the SEY team.
SEY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
