I've done some rough calc's based on my interpretations and general understanding so please double-check numbers & assumptions for yourselves. Any suggestions would be appreciated to improve the logic.
The well is very low cost which if successful will help cashflow and if not successful is no huge financial drain so worth a go imo.
This is also a good link to a Michael Vanover Interview which mentions small companies but unrelated to TTE
http://www.laseagrant.org/comm/histories/MichaelVanover.htm
GLTA
krotz springs, page-8
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