AZZ 0.00% $7.50 antares energy limited

the largest u.s. oil discovery since the 1970s, page-26

  1. 2,614 Posts.
    oilcan where did you get your 50 boepd from

    just looking at the half yearly report it had $1.5M revenue from sales. Based on 3 wells at $75 per boeq that would equate to. $15000000/90day = $16666pd

    $16666/75= 222boepd 222/3wells = approx 74 boepd per well.

    Anyone care to cross check. If you inclued a 4th well its incorrect imo, but would come out at 50boepd per well. ???

    Anyone know anything to the contrary. Note this doesnt allow for 75% interst etc so the flows could actually be 25% higher approx. = 92boepd ??? for FD1-3 ??
 
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