ACN 0.00% 28.5¢ acer energy limited

stop worrying, page-19

  1. 2,988 Posts.
    oiley,

    Where did you get the $5m wells and 100bopd from.

    Most companies seem to be able to drill 4000m+ wells with laterals + fracing for about $5m - why do you think INP will pay twice as much as others for their relatively shallow wells?

    and 100bopd, if correct, is over $10K per day which is $3.5m+ per year minus $500K running expenses still pays for itself over a couple of years even if it costs $5m to drill and complete.

    Substantiate the figures please.
 
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