So.......can we deduce that this well will produce approx US$2.6 million in 2 or 3 months?
We cant deduce anything until we have some definitive flow test results. Regardless I don't care if it's a 2-3mnth payback or a year payback. These wells are typically lower flow, long-life. The idea is to get many of them running at once. Can be very profitable but there are just so many people always looking for get-rich-quick schemes. Notice how it rarely happens that way.
VIL Price at posting:
4.5¢ Sentiment: None Disclosure: Held