Expense per BOE (Sept Qtr 2014 vs Sept Qtr 2013)-:
Lease operating expenses $ 24.83 $ 25.09
Production and property taxes $ 8.78 $ 8.90
Depletion, depreciation and amortization $ 21.99 $ 24.47
General and administrative expense $ 27.89 $ 84.52
Great to see Admin. expenses dramatically reduced but at $83.49 expenses per BOE SSN is losing money for every barrel they sell.
Ann: Annual General Meeting Presentation, page-33
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