New Acquisition - (quick napkin numbers)Just some quick fun numbers that are loosely accurate...
25 million cost on 155.737 million shares = it cost each share 16 cents for this purchase
900 barrels per day achieving the net back from Q2 of $32.51 = $29,259/day x 90 days = $2,633,310 per quarter of FCF divided by the 155.737 million shares = 1.7 cents per share per quarter (this was of course at lower priced oil so the next backs are somewhat higher so that might be above 2 cents per quarter on Q3/current numbers)
25 million divided by the 2.633 million of FCF of Q2 = 9.5 quarters before this pays itself back (again Q2 being lower oil prices, Q3/current might make the math work out closer to 8 quarters)
These are just fun to look at for mild perspective...