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Now in 993 land ...
Join Date: Mar 2003
Location: L.A.-> SF Bay Area
Posts: 14,892
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You only can answer ANY of your questions if you know how long the well will continue producing at current rate. Another 10-15 years? Then it makes good sense to think about it. Unknown lifetime? Well, now you may as well go play at a table and at least get served free drinks ...
I would not assume that oil prices are ever going to go back up again. it would have to make financial sense at $25/bbl.
G
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97 993
81 SC (sold)
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