As a matter of fact,you have a chance to figure out about the size of your "fire hydrant".
Also you see the crew members walking around the X-mas tree.compared to the height of the tree.The tree hasn`t changed compared to the Magy 1 pictures we have already.It is at least 10 feet plus another 8-9 feet in the pit.
This is a real wildcat,burning high-Compared to the EXXON MOBIL produced "poor memorial candle".....of late......
If I had 50 million,I would order 20 fracs for 20 Millions and build a pipeline for another 5 million and keep the rest to frac another well,like Mako 7,completing the homerun, feeding in the lifted amounts of Gas to the pipeline in place....
What the heck was EXXON MOBIL,the master of the universe playing around,killing the bird and keeping us in suspense for nearly two years ?
Given a flow rate of 5 MMCFPD each,the above mentioned two wells could generate at least 10 MMCFPD-or in 3 month , 30 million m3 of NG... = 150 Million US Dollars....
100 Million for XOM/MOL and 50 Million US Dollars for the bird.(1 CM = 5 US $)
Magy 1 (estimated current FR of 1MMCFPD ) means 15 Millions US dollars in 3 month.Maybe ZSABO was adding the cash on hands (15 MM) to state they would be equipped with a cash ballance of
30 Million.
I hope they collect the gas and sell it.....