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Did the maths in my head and they sounded cRaZy so I had to put...

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    Did the maths in my head and they sounded cRaZy so I had to put them down in typing to validate the insanity

    OPEX: ~$800K per week or $115K day
    BOPD: ~550
    Oil Price: $75 (much less today)
    Revenue per day: 550 x 75 = ~$41K
    Revenue per week: 7 x 41K = $287K
    Revenue per year: ~$15M
    Loss per day: $115K - $41K = $74K
    Loss per week: $74K x 7 = $518K
    Loss per year: ~$27M

    Is this still the top of the GFC?

    Who the hell is lending $50M money to these clowns?

    How is this company a going concern?
 
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