GREY:ROAOF - Post by User
Post by
oil-guyon Oct 05, 2008 12:37pm
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Post# 15505734
All in All
All in Allover the next month will represent a good buying opportunity...Financing will come through produciton will increase oil prices will stabilize in the $80-$100 range..Hopefully end out next year production rate at approx 40,000-50,000 barrels per-day
40,000 x $80 = 1.16 billion dollars in cash flow. we'd be trading at 1.5 times out cash flow(approx)
50,000 X $80 = 1.46 billion dollars in cash flow.....