NEN 0.00% 22.0¢ neon capital ltd

43560 square feet/acre740 acres = 32,234,400 square feet200 feet...

  1. 202 Posts.
    43560 square feet/acre
    740 acres = 32,234,400 square feet
    200 feet pay zone= 6,446,880,000 cubic feet
    10% porosity (guess)= 644,688,000 cubic feet porosity
    50% oil/salt water saturation = 322,344,000 cubic feet oil
    10% recovery = 32,344,000 cubic feet oil
    5.615 cubic feet/ barrel = 5,740,766 barrels of oil
    $100/barrel = $574,076,600
    Approximate 65% revenue interest = $373,149,790 to Neon
 
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