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Re: allbetson post# 45740

Thursday, 11/01/2012 3:08:31 PM

Thursday, November 01, 2012 3:08:31 PM

Post# of 116865
Not Likely.
They sold 1634 barrels for the qtr. 1634*90*.30 = $44,118.00 IF they still get to keep the 30% in the wells they haven't sold off.

903 barrels actually produced for the Qtr. So 731 barrels were taken out of the tanks that wasn't produced this qtr.

Actual 903*90*.30 = $24,381
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