$ 200 Million in Oil Rev (October 2011)Hello Everyone,
5,000 barrels per day * 365 days * $ 108 per barrel
Simple Math: $ 200 million in Oil Revenue Starting October 2011 based on 5,000 barrels of oil per day
$ 400 million in Oil Revenue Starting October 2011 based on 10,000 barrels of oil per day
$ 800 million in Oil Revenue Starting October 2011 based on 20,000 barrels of oil per day.
Comparisons with Industry
1000 barrels of oil per day = Market Cap $ 100 million
5000 barrels of oil per day = Market Cap $ 500 million
10000 barrels of oil per day =Market Cap $ 1 billion
20000 barrels of oil per day =Market Cap $ 2 billion
CONCULSION: LFD market cap of $ 48 million is a joke!!!!!!!!!!!
JMHO