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Re: maverick one post# 4391

Sunday, 02/08/2015 6:10:19 PM

Sunday, February 08, 2015 6:10:19 PM

Post# of 5439
Low cost per barrel in production? Whatever you're smoking I want some!

Precisely the one metric Daybreak fails to address with shareholders. If you have it, please share with others.

Add to that, Kern crude pulls in a lower price per barrel than WTI and costs more to produce. Way I see it, they are fighting two headwinds in the Kern patch.

The only thing I agree with in your post is we are entering the next leg down. Capitulation will occur somewhere between $25-$30.
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