RE:RE:RE:RE:RE:news comingJR12 wrote: year end just out on GX. $66,000 cash and total assets at $666,000. Compared to $4.8 million in debt/liabilities.
2012
earnings
Q1-Q2-Q3: 9 months ending 30 September 2012: $ 657,493
Q4: $ 180,563
2012 total: $ 838,056
Oil Production
2012: 31 bopd average
Q4 2012: 27 BOPD (flow decreased a bit here)
2013
earnings
Q1-Q2-Q3: 9 months ended 30 September 2013: $ 441,450
(decrease)
Q4: $ 54,568 (a big drop)
2013 total: $ 496,018
Oil Production
2013: 20 bopd on average (the rate fell slightly
here)
Q4 2013: 7 BOPD (flow decreased drastically)