How hard can it be?
Whats been goin on the last year or so? Production is up double from the year before. Excuse me Mr. Banker, or shall I say, Hey John Bob Carruth ( president of the First National Bank In Lubbuck Annnnnnnnnnnnnd CB's buddy from the Rodeo days back at Tarrelton)
"conversation"
Hey Johnnie, Charlie Bitters here.
Hi Charlie how are things down your way?
Not bad Johnnie, we got us some killer wells down thisa way.
Thats really good to hear Charlie
Yup we've nailed us a couple big ones
What they pushing CB
Anywheres from 350-700 mcf a day on just the one, and looks like alot more on the other one, but we dont have fixed figures yet
A Day!? welllllll it soounds to me like you'll be sittin pretty, pretty soon
Yup, yup thats kinda why I'm callin, we're in a little bit of a pinch till we get paid on it though. Any chance you can float us some paper till September or so, hell make it till Christmas, just to be sure.
Awight, how much you need?
Oh, 5-6 million oughta get us thru, keep the crews fed, and we're looking at some sweet leases XXX is selling for a song, cant seem to round up a rig.
How? much you say that 1st was pushin, 500-700mcf a day???
Yup its getting better everyday, its sister looks like she'll blow past her bya mile.
Awight, hold on a minute let me get my calculator out, 500,000 times Sep.06 hedge spot at lets say $8.50 mcf, then theres hurricane season that always factors in another buck or 2, CB you still there?
Ya I'm here whuja come up with.
Wail CB ifn just that one well is crankin 500,000 mcf a day, stabilized, and you got a sister puttin out 2-3 times that (kinda like Betty Joe Hurbert, lol, you remember her dontcha),
why sure CB I float ya some paper on those couple of wells for a 6 month term, You sure thats all ya need? We'll be happy to help ya out with more.
Nah Johnnie, that'll help out just fine, just a few months till they get paid on, thats all.
Awight then I'll have one of my gals draw up the papers and we'll send'm down to ya.
Thanks Johnnie, I really appreciate it, we'll be able to scoup up some things, and really make some headway.
Anytime CB, next time I'm down thata way, you take sometime off and lets grab a bite out somewhere.
Ok Johnnie, sounds like a plan.
Now tell me, how hard is that?
News 
Market Data 
Discover 
AI
