Spunkyknight, did the following #s posted (post #10071) in response to your question (your post #10069) help? There appeared to be more missing than given.
QUOTE,” Let’s take the case of an operator that I know quite well who has 75% NRI. Gross income last month, after royalties was about 50K. Out of this gets paid 1K for chemicals,tt 3K workovers, 1K truck note, 3K parts, 10K electricity, 10K salaries, 2K fuel, leaving 20K. That's no acquisition, no big ticket items, but profitable. Nothing for attorneys, lawsuits or employee benefits. Now, consider what happens if the NRI is 15% lower, the 20K left at the end of the month drops by 7.5K and there is no room for error, or expansion, really." END QUOTE
Those numbers, out of any contextual meaning, does not provide anyone anything except a bunch of #s, clutter, another post that may appear to provide GOOOOOOOOOD information, but.......?????? There appears to be a "tidbit" of info missing, i.e. one well, two wells, #/% of BOPD/well, SG&A, depreciation, taxes, fees, the items included w/o $s, etc.
Heck, BDGR with the XXX, ZZZZ, and YYYY activity appears to be better ran than this Co. So when the good guys win, someone will praise us, BDGR shareholders, BDGR mgm’t, etc. as the shinning star in the "It's a Neighborhood Watch kind of thing"
I was just wondering why the attention. There must be "Gold In Them There Hills"/Oil in Them There swamps"
Any buyers for my swampland?
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