Hi lukeben,Some light humor is a healthy thing.......

Hi lukeben,
Some light humor is a healthy thing.... Cheers

SHREWDYYYYYY !!!!!! I quote from your recent post. I missed it yesterday.

"those future revenue streams are tiny,
and they are cash-flow negative..."

Over the past few years I have agreed at times with some of your comments.
To state that the Park City wells are cash-flow negative is frivolous.
I challenge you to show me the economic formula you used to reach that conclusion.
The only way they can go cash negative is if they stop producing.
Maintenance or Lease operating expenses for the first 25 wells will be less than $2,500 per month.
As long as they keep the pumps running to fill the storage tanks with the oil and then have the tanks picked up routinely only one scenario will occur. $$$$$$$$$$

Cheers

spikeup