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goingUPagain

10/18/12 10:17 AM

#13180 RE: bladetrader #13179

great post, bt. and.... this is ONLY the beginning!! lots of room in texas to drill! yes!!
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gltaihub

10/18/12 10:21 AM

#13181 RE: bladetrader #13179

***Total: nearly 200,000 for month September! ***

WOW!!!!!!!That's HUGE $$$$$$$$$$$$$$$$$$$ EFIR . We'll see .001+++$$$$$$$ for sure.....Thanks & gltu
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saturn_five

10/18/12 11:05 AM

#13200 RE: bladetrader #13179

No surprise that the NR doesn't mention one word about costs.

what does it cost to produce one bbl. vs $$ sale price for one bbl ?

nat. gas price: about $3.50/~1000 cf at the Henry Hub in Louisiana.

I'm guessing that nat gas producers get a lot less than that for dirty/raw gas that comes up the hole .... basically a small positive credit against total production costs ?

At Crawar #2, oil flow has been choked down, after initial flush. What bbl/day oil flow are they expecting at Crawar #2 ?

EFIR 'news' releases are "heavy on the pump, and light on the facts + figures."

reality check --> EFIR's authorized share count = 20.06 BILLION f'n shares