freida, that is operating cost, not developmnt cost.
But the edge is payback on each well has been within 1-4 weeks, so after at most one month, the wells are free carried after the $4/bbl costs so at $100/bbl cvn gets $96/bbl income stream. Nice if you can get it.
They have 10-12 wells to complete over the next 4 months, so that is 2-3 reports/month and majority are production wells, so poduction is going to dramatically increase each month!!
Funny how an overview can bring the valid points out, which are all in public domain through reports nd updats already published.
Cheers
Steve
freida, that is operating cost, not developmnt cost.But the edge...
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