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Re: None

Tuesday, 06/09/2015 3:21:00 PM

Tuesday, June 09, 2015 3:21:00 PM

Post# of 18992
here are the numbers and hypothetical projections....from the 10q operating expense.....244,500 projected 4x is 978,000 for the year

revenues 160,752 4x is 643,000.....assuming no changes in expense or revenues for the year... the loss will be more next qtr cause we get credit for the bd 0f 45k that was recovered. so at 26 barrels ave per day at 80 dollars a barrel...income would be no more than 759k revenues. Still less than the 978k expenses. Past qtr expenses x4 for the whole year.