what people seem to be saying is that for a clean lateral of length 6,000 ft wholly in the producing zone, we might reasonably see 1,600 bpd + 5mmcuftpd. That's about US$100k pd after royalty. That must be pay back in about 4 months.
I am assuming that the JVPs share revenues in their cost-sharing ratio until well costs are recovered. That may not be correct but that seems to have been the arrangement for EME's other projects in the US.
what people seem to be saying is that for a clean lateral of...
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