Sunday, September 09, 2012 10:22:15 AM
probably so. in negotiations volk may have said, 'okay, tony, i'll let you drive but i want some shares as incentive to step aside.'
10M shares to volk? okay, fine by me, i really don't care.
that 500 boepd mark is just their first incentive, and they get salary increases at 1,000 boepd and beyond.
these production numbers are huge, including 500 boepd.
as i said earlier, 500 boepd gets us to .33 a share with a 400M OS, and we're only at 278M now. if the OS tops out at 350M that's .38 a share. 1,000 boepd would be a .76 target.
don't you just love the oil biz?
10M shares to volk? okay, fine by me, i really don't care.
that 500 boepd mark is just their first incentive, and they get salary increases at 1,000 boepd and beyond.
these production numbers are huge, including 500 boepd.
as i said earlier, 500 boepd gets us to .33 a share with a 400M OS, and we're only at 278M now. if the OS tops out at 350M that's .38 a share. 1,000 boepd would be a .76 target.
don't you just love the oil biz?
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