AND if we have 3 horizontal wells producing at 10mmcfd. (holdfast, encounter and the icon well)
Well thats 30,000 *$4 = $120,000 a day.
Should make a fairly significant contribution to the next stage of development, and they have a lot of new developments coming on line to significantly extend the life and production profiles of these wells.
Further knowing BPT/ADE penchant for understatement it very likely initial production will be significantly more than has been allude too
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AND if we have 3 horizontal wells producing at 10mmcfd....
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