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Re: localoil post# 6354

Friday, 06/08/2007 10:48:31 PM

Friday, June 08, 2007 10:48:31 PM

Post# of 45174
So next month, assuming production is neither better nor worse, you should see 7000 bbl + the 2000 hauled. Lou, I forgot to suggest that you ask to see the check stubs from each purchaser for a typical month. That will be a very quick way to see what sales and royalty burdens are.