Post by
Stockwizard10 on Apr 04, 2023 3:39pm
Caoex
Some crazy valuations 3b over ten years lol .
Funny that the last operator only managed to squeeze out a profit with elevated oil price .
Only 20 person profit .margin to revenue off 21200 bbrls .
I almost couldn't stop laughing 3b over ten years lolol
Comment by
firstworld on Apr 04, 2023 8:34pm
30M mth over 10 years = 3.6B less $60M year infill drilling ( abount 80 -120 a year) knowing global minority will pay 65-200 bbl forever now that RU wont sell to them and OPEC will do what it takes to keep prices up.