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trupm007

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trupm007

Re: crude-dude post# 34419

Friday, 05/06/2011 10:29:08 AM

Friday, May 06, 2011 10:29:08 AM

Post# of 45174
Crude you are right.Management said they need 5000 barrel per month to brake even.Then the oil price was $60.00/barrel.Now it is close to $100.00/barrel.Now you figure out how much they need to brake even.So far i know BDGR reduced their expenses by 75% on payroll.Looking into more to cut the loss and improve production.
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