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Re: Exitech post# 96758

Wednesday, 07/31/2019 11:20:41 AM

Wednesday, July 31, 2019 11:20:41 AM

Post# of 110348
Finally someone who likes to do numbers. I was giving it the $4.50 can rate. Thought it was that much. But the 30bbl runs are really a disappointment.
They have capacity for much more, they have 250 locations, and they only produce 30 barrels at a time. This is on par with my previous guesses.
I said less than 10 barrels all of last quarter and by the $1528 spent and $8k revs, I believe my hunch.
They should be running 100 barrels at a time with all this so called demand. Yes revs will keep going up, hopefully, but sounds like they are idling versus going for it.