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With respect Mon. Those figures re payback are incorrect ,have...

  1. 141 Posts.
    With respect Mon. Those figures re payback are incorrect ,have not the figures,exactly at fingertips.
    The conservative nature re my post is 150 BOPD for Atzam 5 and each Tortugas well 150 BOPD.
    The con notes do not stipulate equity at all, they may have another arrangement under the terms.
    At 5 if a commercial flow soon, will mitigate further than the initial $3M.
    The main point even at $20 still circa $4.4 M PA.
    Cheers
 
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