GREY:SDRYF - Post by User
Post by
STE15165on Mar 23, 2014 11:31pm
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Post# 22358347
Land
Land
Farmouts are great in that you don't use any of your capital and receive a modest royalty or percentage on the well/wells. That being said we have a 50 million dollar credit facility and are cash flow positive. I'd like to go it alone and get 100% percent of the flow instead of 20-30%. Lets roll the dice and get ourselves on the map.