Okay here a stab in the dark.
Assume well and surface production cost = USD 2 million.
Daily production at 1,000 bop.
Value = USD 65 per barrel, conservative?
Then 2,000,000 / (1000 * 65) = 30 days.
Phenomenal cash flow even if the well cost are USD 4.0 million the pay back is fantastic!!
Okay here a stab in the dark.Assume well and surface production...
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