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roxandbonz

06/09/11 11:04 AM

#14 RE: 34/54 #13

Got real high expectations here. 8 barrels of oil a day. Deduct 25% for royalty payments. 5 % Overrides, Pumper gauger fees, Operator fee, Electricity, salt water disposal fees, road maint., and whatever else can be added to the cost of operation.... not to mention the cut the poor working interest partners will be getting....Let's see there may be 1 barrel left for the company. Now what does this give us as calculated value for a share of stock?