chk selling their ssn leases and more, page-49

Bob

Not trying to be disrespectful towards osi,actually I find Osi's posts very helpful and informative.



Assuming both SSN & CHK drill a well with 500bopd.

At $20 profit per barel gives each company a $10 000 profit for the day.


$10 000 would cover SSN's salaries for the week.

To CHK it won't even cover the Coffee,Sugar and milk for 10 021 emplyees, for that day alone.

Maybe I'm looking at things with Rosy glasses but I'd love to hear from others.


Cheers to all Samsonites