SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Think4Yourself who wrote (46929)6/25/1999 3:48:00 PM
From: still learning  Read Replies (1) of 95453
 
K, re MEXP well figures:

I'm sure that's too high, otherwise it would be so obviously material that they would have to issue a release.


900Bbl oil/day * ~$11/bbl = ~$10K/day
1 bil Cubic Feet/day * ~$2.20/Thousand cubic feet = ~$2.2 Million/day

Well is worth over $700 Million/year?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext