how much does a well really cost?, page-2

On shore drill my best guess at a TD of approx 3000m would be in the vicinity of 50m, maybe up to 70m. Could be slightly under 50m also. An off-shore equivalent would be in the vicinity of 100-120m with the above caveats applicable.

Bought in about 4-6 weeks ago at 25c sold at 29.5. Missed the big run to 40c but nearly back to where i sold out. Waiting for a few pips lower to enter. Nice "little" company with great strategy, promising tenements, management with some skin in the game and strong JV partners going forward.

GLTAH