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wshaw14

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wshaw14

Re: Real Madrid post# 1615

Tuesday, 09/02/2014 4:22:00 PM

Tuesday, September 02, 2014 4:22:00 PM

Post# of 2595
We will have to wait and see on the production numbers. I believe that the 500 barrels per day was in error or short term on start up. (but I could be wrong). When calculating DWOG share of production, it is also important to include their ownership position in Andora and their now royalty ownership. I see the picture as much brighter than the one just painted. Again, I could be wrong. I will be very surprised if their initial gross profit per barrel does not greatly exceed $17-$20.00.
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