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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