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Fureal

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Fureal

Re: Big Arlen Van Black post# 14011

Wednesday, 07/18/2012 2:46:23 PM

Wednesday, July 18, 2012 2:46:23 PM

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Are they drilling? DO we know they are improving anything? I have not seen any evidence to indicate anything is improving here. We never did get a bopd flow rate from any of their wells. Isn't like like 3-4 producing wells from the Rehoboth leases? Doesn't really matter how much they output if it doesn't exceed their burn rate... Even if they did pump some oil last quarter they still spent something like $400K in "expenses" which far exceeded any income.
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