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Tuesday, July 28, 2009 6:15:26 AM
DOGGR OPI SITE 2009 PRODUCTION ...
... had skipped from March to May, now April production is showing.
TIV has certainly increased production. From bouncing around between less than 2000 and 3000 bbls per month, to 5000 bbls per month, to two consecutive months over 10,000 bbls per month.
It's a far cry from last May's claims of 2000 bbls per DAY, but the fact remains they have increased production substantially.
How many millions did that increase cost, and one has to wonder if they are producing oil profitably (as in, having a positive EPS). I guess we'll know a little more when the 2Q comes out mid-August.
... had skipped from March to May, now April production is showing.
TIV has certainly increased production. From bouncing around between less than 2000 and 3000 bbls per month, to 5000 bbls per month, to two consecutive months over 10,000 bbls per month.
It's a far cry from last May's claims of 2000 bbls per DAY, but the fact remains they have increased production substantially.
How many millions did that increase cost, and one has to wonder if they are producing oil profitably (as in, having a positive EPS). I guess we'll know a little more when the 2Q comes out mid-August.
Yorkville / Cornell Tracking Board #board-9964
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