Replies to post #2191 on Black Dragon Resource Companies Inc (BDGR)

[marsnvest]

Low production or "stripper" wells make up the majority of wells in this country. They have been in existence for years and at much lower oil prices. The key, as I mentioned in my other post, is the ability to run the business properly and that is what needs to be done. Without fraud or improper business decisions, this is a money maker. Also, my research tells me that BDGR's wells averaged 3+ barrels a day recently. I could get a better breakdown on one well vs. another but right at the moment I do not have the time.

[dragon man]

the lowest number report by RM was 1 barrel of oil pre day, there are alot of well that dragon has a interest in that are just making 1 barrel of oil per day.+ i would think the lift, the cost of bring oil to surface plus getting rid of water with oil is about 25 dollars a barrol. older wells like this pump a lot of water with oil.