Happy spud day!, page-72

"Stonehorse Energy" CEO David Deloub has answered some more questions.

David Deloub has answered some another set of investor questions on the investment hub.

btavion asked ?
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Hi David ,
Thank you for answering the previous questions with very informative answers. I have some more questions.
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Question 1)
What is the approximate percentage of revenue does the oil component generate and similar for the Natural Gas as well, and is this ratio’ likely to stay constant over time or will the oil component versus Natural gas increase over time..
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David's Answer:
We estimate that the liquids (oil) component represents 80% of revenue and gas 20%.
We are not expecting this to materially change over the life of the well.
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Question 2)
If Certus well performs as expected is SHE likely to daisy chain more Certus wells back to back..
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David's Answer:
Yes, contingent on capital availability at the time, we we believe we will have at least 2-3 new drill well opportunities based on the acreage interest that comes with this first well investment.
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Questions 3)
You mentioned in an earlier answer that as a rough guide a target of 2000 BOE/Day as being a criteria before dividends could be issued.
Is this likely to be achievable within 3 to 4 years.
With thanks in advance.
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David's Answer:
Yes, we are planning to achieve this in 2-3 years.
Kind Regards.
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