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Re: slow okie post# 13070

Tuesday, 10/14/2014 11:58:18 AM

Tuesday, October 14, 2014 11:58:18 AM

Post# of 23581
It was way, way too short. I did find what was covered very interesting. Tommy Thompson sounds like an all business type of guy. Stewart did not say enough.
I did email a question to Vince concerning at what price oil is before no profit is made including all overhead, royalties, etc.
His answer was $60.00.
In the meeting he did mention a lift cost of 30.00 in Texas and 31.00 in Louisiana. I don't know what that means, perhaps the raw cost per barrel of getting it out of the ground; but that is an uneducated guess.