GREY:ROAOF - Post by User
Comment by
annoncpleon Dec 24, 2014 4:14pm
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Post# 23264413
RE:Not that complicated
RE:Not that complicated 2000 b/d good grief at the end of q3 we were less than 1000 total. are you the same guy that said we have a 30 mill plus 10 mill credit facility we have 30 mill total 10 of which is development. torc likes their results but the I r guys over there do admit they need 75 plus oil to have it make sense. they haven't book monarch reserves so they don't feel its an issue for them. we need to see at least 850 on the 2 well s total for end dec to be on trend. I feel at todays gas/oil prices that netbacks or maybe 10/boe at most.