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book Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright cover

Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright

Edition 5ISBN: 9781630181031
book Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright cover

Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright

Edition 5ISBN: 9781630181031
Exercise 8
Assume the same data as given in problem 8, except the company expects the following
production:
Case A: 600 bbl per month
Case B: 1,000 bbl per month
REqUIRED:
a. Determine the number of months needed for payout.
b. Would an investment in this property be considered successful if an investor wanted
a 30-month payout?
Explanation
Verified
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a. The monthly Net Cash flow to WI owner...

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Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright
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