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6.25% 3.0¢ provaris energy ltd

quarterly, page-62

  1. koro
    9,962 Posts.
    lightbulb Created with Sketch. 210
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    30/04/13
    16:31
    Post #: 11703845
    jumped off tte

    no ones mentioning that tte only have a currently 70%
    NRI FROM jt reese s2 well

    300 BOPD at 70% tte = 210 plus decling workover wells oil

    revenue of say 250 BOPD=450k a month versus tte spend next qtr of 3 mill.

    me thinks tte will go Again for another mates rates handout-its the only way moneys made here.
    $4 mill cash-$3 mill spend this qtr-income 450-500k max

    dreams of burma-sorry its no MAD-along way from go to whoa here yet

    GEV Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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