GREY:HRTPF - Post by User
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Post# 21339387
HRT Offshore is not $100M per well
HRT Offshore is not $100M per well Isn't that the George W Bush practice...repeat a lie 2X and it becomes the truth?
HRT is not spending $100M per offshore well. These wells are costing in the $60M range and we don't know for certain how much GALP is paying for their 14%. It's rumored around $100M, so that's $33.3M per well....50% of the costs.
Yes it's amazing...or pathetic, that some of the dough-head posters, are available at all hours to spread mis-information and bashing posts here. How do their feeble little minds benefit from that? Their feeble portfolios?