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Tom Orrow

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Tom Orrow

Re: dudlee post# 2555

Sunday, 08/11/2013 11:02:17 AM

Sunday, August 11, 2013 11:02:17 AM

Post# of 9201
Not a huge loan if the conservative potential of 3000 bpd mentioned in the conf call for Kettleman and Elk Hills plays out. You can discount the current Chevron CA prices by 10% and still pay the loan in 22 days at those rates. Got to have the capital to achieve the potential though. So, explain to me again how the loan goes against investor interests?
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