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trupm007

09/15/10 5:28 PM

#28407 RE: crude-dude #28402

Crde dude :It cost about 3 million for the 13000 ft deep well.
BDGR did not say it they will start it today.From the JV and the oil production revenue they will make the money to drill.Dude you are confused .It might cost 10 million to drill five wells if they do one after one with the same rig.Every time they move a rig it cost lot of money so if they use the same rig it will be lot cheaper.After the first well it will give BDGR enough to cover the cost of next seven.They do not have sale share.They will buy your share back and rettttttttttttttttiiiiiiiiiiiiirrrrrrrrrrrrrreeeeeeeeeeee them.