I hope so gumshoe! It would be nice to know.
There are a few factors which may still make it difficult for us to figure that out, even when the 2Q08 10-Q is filed.
- Info provided will most likely be in dollars , not bbl or mcf. From that we would have to divide the dollars by the price per bbl or mcf, but if the dollars aren't detailed as to what's oil and what's gas, even that is hard to do.
- We never know until an annual report is published exactly what TIV gets for its oil and gas. One thing I DO remember is that the avg. price for oil/gas that TIV stated they received in 2007 was a lot less than might have been assumed based on generally published prices for oil and gas. So there again, it will be difficult to convert dollars into bbls and mcfs.
- TIV has in the past lumped revenues from the sale of equipment into the revenues which include revenues from oil and gas. I believe we talked about that after the last quarterly filing. TIV put out a PR regarding the sale of some rigs around the end of June, which would be in the 2nd quarter. Without some detail as to how much those rigs sold for, and if TIV combines that into oil/gas revenues again, it will again be difficult to interpolate what the oil/gas production was in 2Q08.
And so it goes.
JMO
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
