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Re: reaper247 post# 3816

Saturday, 04/02/2016 12:02:53 AM

Saturday, April 02, 2016 12:02:53 AM

Post# of 4188
OK posts seem to be disappearing and coming back. Anyway, I essentially did post all the prices. The 4/2009 to 2/2016 shows spot minus $3. On the second strip I only showed the part, the first year or so, that wasn't bouncing between $80 and $100, because I didn't see the need to repost the whole strip. I didn't mean to confuse of mislead and I am sorry if I did. As I said, the weighted average of the prices I used was about $79 which translates to a Cushing spot equivalent of $82. You can see the prices I used on the revenue calculation, the annual average anyway.

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