RE:wow what a JOKE... a $60K buy...LOL$60K pruchase price and payout in 35 months...LOL
so in 3 years they recovr the whoopin $60 grand they paid.... so they are going to collect $2,000 a month! a whoppin $2,000 a month... but that all goes to repaying the purchase price for 3 years...LOL then after 3 years they have payout... and if there is any oil flowing after 3 years... maybe they make a profit?
this is remarkable they issue news of it...LOL
this is so tiny, it is a useless waste of corp time, energy and funds!
this company is a JOKE...
and the market reaction? NOTHING of course...
so what kind of well(s) are involved thjat produce so little oil,??? LOL....
$2K a month times 20... (5%).... $40Kper month from this field! $50 wti.... over 30 days means this field is flowing about..... $1300 per day in oil.... 30 bopd for this field...LOL
this is a 30 bnopd field they own a miniscule 5% wi in...LOL
this is a joke and what a friggin waste of time. and they feel the need to release this news because why? it is not material... it is nothin..... it is just some need to waste more time and energy writing and pushing out this nothin news...LOL
what a friggin joke...LOL