![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, April 14, 2011 10:17:54 PM
2010
+SALES $451,200
-LIFTING COST 708,910
-PROD TAXES 18,548
-MARKETING 2,293
-G & A 652,278
---------
LOSS ( 930,119 )
LOSS PER BBL = $163.89
Too bad they weren't able to get production down even more. Remember they kept lowering the production goals during the year. That may have been the smartest thing they done all year. They should have set the goal even lower.
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