I think they are being a little bit misleading saying $30 pbl is economical when they don’t know the flow rates. Just stating $30 pbl is economical would infer that a well with a flow rate of 2 blpd is a money maker. It would take 16666 days or 45 years just to pay for the well cost of $500000 let alone the pumping costs and that’s without making a profit. So any statement that only refers to the oil price as making AKK profitable is misleading to say the least.
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I think they are being a little bit misleading saying $30 pbl is...
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