Allenergy Inc. (ALRY)

[Tulsan]

littlejohn I do wish you good luck with ALRY. I personally don't see much happening positive until oil is back up to $100/barrel. What is ALRY break even point per barrel? What is production per month for ALRY? What is ALRY expenditures per month?
Let's say ALRY has production of 1000 barrels per month.
1000 X $40/barrel = $40,000
That's before any expenses, salaries, ect. Is Rex getting any business now outside of ALRY?
PLUS that $40,000 will not be all ALRY! That will go to landowners, JV partners, and other working partners and non-working partners.
Usually landowners MR get 3/16 or even 1/4 free ride! So there goes that out out of the $40,000.
One last thing for now is nobody but ALRY knows the percentages on their wells of working or non-working partners. That would leave ALRY with what percentage per well? Yes, ALRY will get money from the working partners for being the operator. Like $300-$400/well, and yes, I'm guessing on those numbers.
I don't know what ALRY deals are or what their production is so who really knows.

Do your own DD!