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Sheepdog

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Re: crude-dude post# 34168

Friday, 04/15/2011 10:41:11 AM

Friday, April 15, 2011 10:41:11 AM

Post# of 45174
From the 2010 annual just released:

ii. Average Production Cost/Lifting Cost Per Unit of Production:
2008 $40.92
2009 $42.87
2010 $61.97


That means we "produced" about 11,440 bbls [lifting costs of $708,910/cost of $61.97)for the year and our sales were at $39/BBL ($451,200/11,440 bbls)...ANYTHING WRONG WITH THAT PICTURE??????

There is only one conclusion I can think of.....My theory that BDGR is paying the production costs for ALL of his other companies is confirmed. That is THEFT, guys..... Any other conclusion or theory is welcomed.


I have no humble opinions, but I do have opinions and those are what I express in my posts. BUT...I have been wrong before and likely will be wrong again so do your own research and don't blame me if you are too lazy to do so.

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