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Re: dizzydon post# 2969

Saturday, 10/24/2015 11:55:32 AM

Saturday, October 24, 2015 11:55:32 AM

Post# of 3247
Correction to my previous post

misread 224 barrels of oil as per day when it was for all 5 days,so the average daily production was 45 barrels
,or say, $40 X 45,short term = $1,800,not $12,300

misread natural gas price realized as $11 Mcf when it appears to be about $2.50 (is there a huge difference between what the suppliers get and what consumers are paying??)

..so say 100 Mcf X $2.50,short term = $250,not $1,100

so daily revenues approximately $1,800 oil + $250 gas total $2,050,not $12,300

monthly,short term,would be $61,500,a lot less then i thought and helps to better explain the current share price to me