GREY:WFREF - Post by User
Comment by
qwqwon Dec 04, 2014 9:00pm
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Post# 23197775
RE:Cost per Barrell
RE:Cost per Barrell"From page 26, G&A is $3.92"
I checked the latest iradesso report (Q1) to see how LRE's G&A
compares to its peers (10,000-100,000 boepd).LRE had the highest
($3.79) of the 29 companies listed with the median being $2.15.
The differance of $1.64 doesn't sound like much but at 38,000 boepd
it lowers yearly cash flow by $23 mil. Why does a company with
mediocre results have the highest G&A ???????????