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0.00% 28.5¢ acer energy limited

investor presentation, page-5

  1. Philby77
    95 Posts.
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    01/04/08
    07:54
    Post #: 3528576
    It costs about $1.5 million per well to drill and complete in cooper basin. I am not sure about the equipment they are installing for the Flax process (separators, VRU etc) - I wish I knew. I am also not sure if they are using beam pumps or jet pumps etc for artifical lift? does anybody else know? So I would estimate they have used $10-15 million
    since capital raising. So maybe INP has $12-17 million left in the bank....
    INP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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