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Re: Walker post# 87

Wednesday, 12/13/2017 6:16:20 PM

Wednesday, December 13, 2017 6:16:20 PM

Post# of 626
The CEO stated that the deal with the refiner they are partnered with is to sell them the oil at WTI prices. I think the reason they are selling light crude at WTI prices is because the refiner is doing all of the transportation, and helping them with the drilling. WTI is currently $56.67. That's not as high as light crude prices, but it ain't chicken feed. $6.67 higher than where they have their revenue estimate.

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