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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)
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To: Dale Schwartzenhauer who wrote (2303)7/25/2002 10:29:32 PM
From: Bearcatbob  Read Replies (1) of 2306
 
Dale - there are two issues re commercial viability. The first is the viability of continued operation of 2 @ 34. That well only needs to provide return against operating costs. The more important issue is what rate provides commercial viability for additional wells were costs going forward would include drilling, completion and operation.

So - even if 2 @ 34 is put on long term operation - would the revenue stream justify a new well that produced at the same rates?

Bob
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