the well cost more to own that it could produce. after greedy pig mason sold the 2% we were left with 8.35%, for a grand total of 12.9 bopd. that's crap.
why should shareholders subsidize greedy pig mason?
why pay the guy 250K per year in salary and pay him a huge price tag for the well?
is it because mason was bringing in financing?
hell, no. volk's relationship with ventana is the financing we've got.
mason didn't do jack to bring in financing.
what good was greedy pig mason? what did he do for shareholders?