Friday, June 08, 2007 3:08:53 PM
:Another guy that is calculator illiterate."
If you would go to Press Release June 1, 07. and
Remember figure don't lie, But liars figure.
I though it was self evident that we did not get paid for
what was not shipped.
BDGR
Reported ( NOT PROVEN )
5000 bo = 64.94% of production (said shipped)
7700 bo = 100.00% production
450 wells producing ( 5000 by 450 = 11.12 bo day )average per well.
( you cant figure the net )what is WI and NRI ?
*******************************************
PROJECTED by LANZA for JUNE 07
300 bo per day or 9000 bo month
9000 bo x 64.94% =5844.6 bo for June ( Assumption )
Adding 1.67 well per day
adding 18.57 bo day
********************
>>>>>>>>> Only paid for 4000 bo shipped <<<<<<<<<<<<<<<<
May 11, 2007 -- Black Dragon Resource Companies announced that its oil wells produced over 7,000 barrels in April. The Company shipped over 4,000 barrels last month.
(for the purpose of clarity, What does OVER mean) fudge the numbers ?
Another question for ALL,
is the 2000bo not shipped in April a part of May total and
shipped.
The POWER of the Internet. Like the Six Gun in the Old West called an Equalizer.
Do your own DD, This post is my OPINION. ** TRUST, BUT VERIFY.**VERIFY
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