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Re: None

Monday, 10/20/2014 9:48:26 PM

Monday, October 20, 2014 9:48:26 PM

Post# of 983
A day or two ago, one made a feabled attempt to "determine" the North Sea gas/oil production (4,600 barrels oil a day & 90 mil. cu. feet of gas production per day) that has just come back online for Endeavour. It appears to be "quite a hunk of change" for the company.
The oil would equal $345,000/day; I appealed for help on the gas in calculating it. . .anybody aboard know precisely how to figure that?? Looks to me like the gas might equate something like $3.67 million per day, if I've figured right! That's a lot of 'bread' coming from the North Sea!
This would SEEM IMPORTANT because Endeavour will get a good portion of this money & ought to add certainly to the "value" of Endeavour International.

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