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Re: SeaOhToo post# 9707

Wednesday, 05/13/2015 3:21:00 PM

Wednesday, May 13, 2015 3:21:00 PM

Post# of 11618
It's gone Seaohtoo. There is $5.5mm in restricted cash left but EOR will never see it. The $4mm that was left has long since been spent. I did forget to mention the $27mm in asset retirement obligations in the audited financials. I see that is conveniently left out of the discussion here.

As for the $54.2mm in reserves...that's a long gone number. It was based on $100 oil.