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