GREY:PMBJF - Post by User
Comment by
bobyah44on Mar 25, 2011 11:27am
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Post# 18340495
RE: RE: RE: NEWS out
RE: RE: RE: NEWS outDo you think they'll wait til year end!? I bet they're dumping bottles of Dom over their heads as I write this.
Think of the windfall they just made: 10 bbls/day means $1000/day at these prices. (Oops, wait, it doesn't: they only have a 75% interest. And then there are those pesky lifting costs, let's say low-ball $25/bbl. Now they're making $562.50 per day. Basically that's Richard's salary last year.)
So if they somehow manage to get 5 more oilwells like this pumping, they can afford to pay everybody else in the office, but I'll never get my money out of this dog.