RFE series 2018-1 reds trust

20 wells planned at West Tulsa (currently 200 bopd from 7...

  1. 2,064 Posts.
    20 wells planned at West Tulsa (currently 200 bopd from 7 wells)

    approx 500 bopd at USD85 = 365 x 500 x 85 = $15,512,500 pa

    Does not include the gas sales

    if we currently get up to 4000 mcf per day of gas at $4 per mcf

    then:

    4000 X 4 x 365 = 5,760,000.00 pa

    we should be producing in excess of 4000 by year end closer to 10,000 mcf per day.
    Patience

 
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