IMP imperial corporation limited
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re: announcement ... imp becomes a producer 4 wells cost $250000...

  1. siriusco
    2,218 Posts.
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    18/07/06
    15:46
    Post #: 1683452
    re: announcement ... imp becomes a producer 4 wells cost $250000 each - $1million.
    1000 cu ft gas -$6
    600000 cu ft gas - $3600 day.
    For 340 days per year -$1,224,000
    Gives $224000 EBIT plus operation costs.
    Thus you need a lot of wells to repay borrowings, pay op. costs and make a big profit.
    IMP Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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