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Re: Vercingetorix post# 59213

Friday, 11/13/2015 12:15:43 PM

Friday, November 13, 2015 12:15:43 PM

Post# of 73702
No Need For Lots of Employees...
..1 to 3 are sufficient. Remember these are usually officers or board members listed as such. They own the leases or wells.. Everything involving engineering, labor, maintenance, attendants or administrative is contracted out privately as it should be.. We're only interested in revenues and acquisitions.. As with most developmental stage pinks, having a bunch of employees is huge, unaffordable luxury..
You're right in the shells.. Theoretically, if it wasn't for such overwhelming regs, and lack of clear un-restrictive conventional energy policies, then these small operations could actually run like Big-Boy oils with real revs, instead of simulating them..