GREY:ROAOF - Post by User
Comment by
thebeek02on May 14, 2005 11:07pm
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Post# 9036038
RE: OFFICE RENT
RE: OFFICE RENTI noticed the same thing. Look what happens after 2010! hopefully this includes a yard where we're stacking up oilfield supplies.
these #'s pale compared to the daily est. cost of keeping the drill turning to the right at approx. $250k/ day x 30 = 7.5 mil/mo. = $100 before our new contract terms come into effect (another ?150 mil thru 3/07). We ought to be sitting on some substatial JV reserves before heading back out for that sort of offering. I have to imagine there are some great prospects on short fuses if our first DST flare can be seen from 20 miles out. Weather's nice anyway.
In for the long haul,
thebeek