SuperTramp,
There are infact 160 wells in production and another 18 in development.
i) Production
168 Proved Developed Producing (PDP) wells;
Up to 30 wells having been identified for either workovers or mechanical enhancement;
Approximately 4,790 gross acres held by production and lease;
In excess of 50 Proved Undeveloped (PUD) locations;
Total Proved Net Reserves (1P) in excess of 11.3 Bcf;
taken from http://www.imperialone.com.au/default.asp?id=19
also look at http://www.imperialone.com.au/default.asp?id=16
15 wells completed with 75% working interst, generating a 60.9375% net revenue interest in the joint venture.
I am not sure on the near accuracy of the $ value given by Mr Muzz though
do your own research, don't rely on others info.
all the best.
SuperTramp,There are infact 160 wells in production and another...
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