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dmbao

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dmbao

Re: MyBad post# 18133

Tuesday, 04/08/2014 11:45:34 AM

Tuesday, April 08, 2014 11:45:34 AM

Post# of 31695
Certainly it could happen faster but based on the past performance not sure how that is going to change?

They supposedly have 2/3 wells operating. Based on the 3000 bbls these wells were doing in the prior 4 months before being turned off and only recently restarted there is at least production now.

The problem is how much of that revenue is going to the company vs the LP participants?

Can they grow production significantly? We'll have to wait and see.

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