First horizontal wells from Tekton Energy have already reached payout

The first two horizontal wells, which Tekton Energy, US oil and gas subsidiary of Deutsche Rohstoff, drilled from the Rancho pad in spring, have already paid out after 4.5 and 5.5 month respectively. This means they have generated a net return to Tekton after royalties, ad valorem taxes and working interest that equals the invested money. With this, the wells have paid out faster than the average wells in the Wattenberg field.