a TEXAS size steal

USEG.
.032% of their production equates theses four wells. aaron 01-19804 .126% beeler 01-19362 .06% j beeler 01-19529 30% and j j 01-19763 .162%. yes, you can just about take those numbers and multiply them by 31.25 to get the production these guys who have zero debt are given revenue on. at a $4.44 share the net profit after LOE and royalties is $396/yr on a $1,110 investment

heres one more. DMLP. they have no debt. nor are they allowed to according to their charter. Hawk would do good to swap his mineral rights for cash and an underlying ORRI on future production.

i just did your math. 216x216x500/42=277714 BO.
recoverable at 15%.
per acre, you have 41,657 barrels of oil under you.
you should sell for $20,666/a while retaining a .0625 orri.
and dont let them talk you lower.

jirqoadai wrote:i just did your math. 216x216x500/42=277714 BO.
recoverable at 15%.
per acre, you have 41,657 barrels of oil under you.
you should sell for $20,666/a while retaining a .0625 orri.
and dont let them talk you lower.

Lets start Polhaven corp and all get rich ? lol

its Hawks property. he has between 500' and 800' of Tuscaloosa Marine ( shale ) under his property. as the Eagle Ford is shale under the south part of its trend, and is sandstone under the northern trend, should i be allowed to guess, under Hawks land the trend is super deep ( 15,000' ) and it being the northern trend.........my guess is that theres at least part of its thickness as sandstone, just like some wolfcamp wells are.

jirqoadai wrote:its Hawks property. he has between 500' and 800' of Tuscaloosa Marine ( shale ) under his property. as the Eagle Ford is shale under the south part of its trend, and is sandstone under the northern trend, should i be allowed to guess, under Hawks land the trend is super deep ( 15,000' ) and it being the northern trend.........my guess is that theres at least part of its thickness as sandstone, just like some wolfcamp wells are.

Hawk you rick prick

Thats what the lefties call anyone In NZ that are worth more than a few 100k

Shale oil beef hooked ''   Good on ya Hawk ,suck it out and live the good life brother

he needs to decide if he wants more cash up front and less oil revenue later, or less cash now and more oil later. like less risk now, but more reward at present, or more reward later for greater risk.

jirqoadai wrote:he needs to decide if he wants more cash up front and less oil revenue later, or less cash now and more oil later. like less risk now, but more reward at present, or more reward later for greater risk.

BigJ , Depends on how fixated he is with wealth,

And Hawk, don't take that the wrong way, squeeze that orange for all its worth if thats your fancy , lol

I would