And you are 100% correct. What used to cost me 3 mil is now running around 4.5 mil, that’s when I can get them on the ranch. 20% lifting costs, 6,5% severance tax on oil and gas, 35% corporation tax, 15% dividend tax, property tax and another 8.3 percent should I decide to spend any of that money.
6,5% severance tax on oil and gas, 35% corporation tax, 15% dividend tax, property tax
BTTT
Thanks for sharing