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Re: freddyd post# 27478

Tuesday, 06/17/2014 4:39:08 PM

Tuesday, June 17, 2014 4:39:08 PM

Post# of 44483
No, if the well continues to produce 3 barells a day at an average of $100 per barell for 365 days XNRG will only produce $109,500 off that well. You have to also figure in the costs to transport the oil, process it, taxes, and so forth. But hey, money is better than none. All they can do is increase the A/S right?

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